Demand and Supply Factors

Még több ilyen

Ways to sleep better

Szerző: Mindomo Team

9 Elements of Digital Citizenship!

Szerző: Kristin Dattoo

TAXES

Szerző: Medhir Phutane

Evolution: Natural Selection

Szerző: Karissa Nicholson

Demand and Supply Factors

Demand

Population

Number of consumers will increase

More people will know of the yogurt ice cream store

Tastes and Preferences

Consumers will be more drawn to buy yogurt ice cream

Consumption of yogurt benefits one's health

Income

Normal good: Singaporeans will be able to afford the yogurt ice cream

Increase in demand

Prices of related goods

Substitutes: There are different stores in AMK selling ice-creams as well.

Supply

Subtopic