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Factors influencing demand for a product
These are broadly divided into factors determining household demand and factors affecting market demand.
Factors affecting household demand
Demerits of direct taxes a. Heavy direct taxation, especially when closely linked to current earnings, can act as a serious check to productivity by encouraging absenteeism
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Interaction of supply and demand, equilibrium price and quantity In perfectly competitive markets the market price is determined by the interaction of the forces of demand and
applicatiopn of qt in managerial decision making
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