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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 creditWhen 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.
demand elasticity analysis and its significance in pakistan
Determinants of Private Demand - Waiting-Time for Employment ‘Waiting time’ for employment is another important factor. The waiting time varies from course to course. For inst
Why some country saving less and consumption more?
4) The prevention of major swings in economic activity can be handled most easily by the A. household sector B. business sector C. financial sector D. government sector Explain
show the shape of f orbitals?
Micro Economics 1. Discuss the short-run cost-output relations. 2. Write a short note on pure competition. 3. Describe excess profit criterion. 4. Discuss the vario
what happen when a supply shift to the right on a graph
Carmen, the Queen of Electra, is concerned over what she believes is an excessive consumption of electricity. Consequently, she proposes an excise tax on electricity consumption w
Let {(y i * ; x i ); 1 ≤ i ≤ n} be an i.i.d sequence of random variables where y i * and x i satisfy the linear relationship y i * = β 0 + β 1 x i + ∈ i with Cov(x i ; ∈
The demand curve for oranges is given by the equation P = 5 - Q/200. The supply curve is given by P = Q/800. Q is measured in oranges per day and price is measured in dollars per o
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