Natural factors and availability of credit, Microeconomics

Natural Factors:

Seasonal variations may affect the demand for a commodity at certain times of the year. For example, during the raining season, demand for commodities such as jackets, raincoats and umbrellas will increase while during the dry season, demand for commodities such as fans and air conditioners will rise.

Availability of credit

When consumers are given credit facilities in the form of credit purchases, hire purchases and the use of credit cards and cheques, they are encouraged to buy more goods. Granting credit facilities, therefore, increased demand for goods covered by these facilities, all things being equal.

Posted Date: 1/2/2013 1:18:41 AM | Location : United States







Related Discussions:- Natural factors and availability of credit, Assignment Help, Ask Question on Natural factors and availability of credit, Get Answer, Expert's Help, Natural factors and availability of credit Discussions

Write discussion on Natural factors and availability of credit
Your posts are moderated
Related Questions
Assignment: Externalities •Consider the following scenario: The city council has just approved the construction of a water park in your town. As city economist, you are responsible

detail of consumer surplus with examples

The government notices that there is an output gap and decides to increase government spending with a stimulus package of $4 trillion in hopes that it will spur growth and stop une

what are the properties of indifference curve

Gross Domestic Product and Growth Rates: The rate of growth of the secondary and tertiary sectors has been more than double that of the primary sector, with the secondary sect

write name and symbol of element from s-block that has zero oxidation state?


Fiat money is not a new idea.  Some European historians recognize the first use of fiat money in Europe resulting from gold and silver smiths issuing their customers receipts for g

economic analysis of demand on retailer in ustralia

Price | Quantity demanded _________________________ 0 250 50 200 100 150 150 100 200 50 250 0 A) Calculate Lorie''s profit-maximizing output, price, and economic profit. B) Do yo