Natural factors and availability of credit, Microeconomics

Assignment Help:

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.


Related Discussions:- Natural factors and availability of credit

Economic growth, In his 2009 budget proposal for the U.S., President Obama ...

In his 2009 budget proposal for the U.S., President Obama wrote, "Unfortunately, we are also inheriting the worst economic crisis since the Great Depression which will force us to

Protectionism and free trade, reasons for and against free trade with forei...

reasons for and against free trade with foreign sector

Qi, During the 1990s, technological advance reduced the cost of computer ch...

During the 1990s, technological advance reduced the cost of computer chips. Explain, with the use of supply and demand diagrams, how the following markets are affected in terms of

EM13720147ion, Ask questMicroeconomics Reference No.:- #Minimum 100 words ...

Ask questMicroeconomics Reference No.:- #Minimum 100 words accepted#

Long-run static equilibrium solution, (a) What  are the problems associated...

(a) What  are the problems associated with R 2 and how can adjusted R 2 solve them? (b) If the regressors  in an equation are highly correlated, which measures can be used to

Economic problems, economic problems are faced by all types of economies bu...

economic problems are faced by all types of economies but they are dealt with differently in different types of economies.discuss

#titleindirect utility function .., #question.hif indirect utility function...

#question.hif indirect utility function is givenhow to derive the demand function .

Marris model, explain marris model of the managerial enterprise

explain marris model of the managerial enterprise

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd