List and describe three factors that will affect/influence demand, and two factors that will affect/influence supply in

Fantastic news! We've Found the answer you've been seeking!

Question:

List and describe three factors that will affect/influence demand, and two factors that will affect/influence supply in the goods and services market other than the price.

Related Book For answer-question

Auditing A Practical Approach with Data Analytics

ISBN: 978-1119401742

1st edition

Authors: Raymond N. Johnson, Laura Davis Wiley, Robyn Moroney, Fiona Campbell, Jane Hamilton

See More Books

Posted Date: Jan 04, 2024 06:31 AM

See More Questions

Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
The following scenario and analytical information describe a company. Three sets of facts are presented about this company. Perform a brainstorming analysis identifying all the factors that will...
MCQ questions: 1. An increase in oil prices, such as the oil shocks in the 70s, lead to _______ thereby causing ________ a movement along the AS curve; cost-push inflation a leftward shift in the AS...
You deposit $12,000 annually into a life insurance fund for the next 10 years, at which time you plan to retire. Instead of a lump sum, you wish to receive annuities for the next 20 years. What is...
Wells Fargo has been in the news recently and you've worked with your team to discuss some of the issues management is facing. Was there something about the company's organizational culture that...
Who are discouraged workers? Underemployed workers? Are they counted as part of the labor force? As part of the unemployed? How does the BLS determine who is unemployed?
A mixture of $\mathrm{H}_{2}$ and $\mathrm{D}_{2}$ is contained in two bulbs connected by a porous plug. The bulbs are maintained at different temperatures of 200 and $600 \mathrm{~K}$. The...
Explain why sunk costs should not be included in a capital budgeting analysis, but opportunity costs and externalities should be included.
[8 points] (a) Shown below is a multiplexer. Assume the data is transmitted right most character first (i.e., T is sent first in source 1). 1 2 3 4 SIHT AL GIB OWTENO (1)Draw a diagram showing the...
East Hill Home Healthcare Services was organized on January 1, 2014, by four friends. Each organizer invested $10,000 in the company and, in turn, was issued 8,000 shares of $1.00 par value stock. To...
1. Determine the worst-case running time of the following algorithm: ALGORITHM (x, n): if (n 0) : z = 0 == else : for (1 to n) : Z = z + n if n%2 == 0 : ALGORITHM (x, n/2) return 1 y * = ALGORITHM...
Let $M$ be a positive martingale, such that $M_{0}=1$ and $\lim _{t ightarrow \infty} M_{t}=0$. Let $a \in\left[0,1\left[ ight. ight.$ and define $G_{a}=\sup \left\{t: M_{t}=a ight\}$....
Let $B$ be a Brownian motion and \[\begin{aligned}T_{a}^{(u)} & =\inf \left\{t: B_{t}+u t=a ight\} \\G_{a}^{(u)} & =\sup \left\{t: B_{t}+u t=a ight\}\end{aligned}\] Prove that \[\left(T_{a}^{(u)},...
Prove that the process \[X_{t}=\exp \left(a B_{t}+b t ight)\left(x+\int_{0}^{t} d s \exp \left(-a B_{s}-b s ight) ight)\] satisfies \[X_{t}=x+a \int_{0}^{t} X_{u} d...
Let $\theta>0$ and $X$ be the sticky Brownian motion with $X_{0}=0$. (1) Prove that $L_{t}^{x}(X)=0$, for every $x <0$; then, prove that $X_{t} \geq 0$, a.s. (2) Let...
Give conditions on the function $h$ so that the measure $\mathbb{Q}$ defined on $\mathcal{F}_{T}$ as $\mathbb{Q}=h\left(W_{T} ight) \mathbb{P}$ is a probability equivalent to $\mathbb{P}$....
Separable PDES Q1.Reduce the following PDE equation to ODES via separable method only(No need to Integrate them) in terms of y=y(x), u=u(x) and u=u(y) (a) (i) , + 4, + 2 0 (ii) 2ur + 5uy5u = 0 (ii)...
When an electric field is applied to a shallow bath of vegetable oil, why do tiny bits of thread floating in the oil align with the field like compasses in a magnetic field?
Analysis and evaluation: Analyze the eight transactions shown above. Based on a sales cutoff analysis, record necessary adjusting journal entries at June 30 in connection with the foregoing data....
What are the greatest inherent risks in the payroll process? Explain the assertions that are at risk and the underlying drivers causing an increase in inherent risk.
In April 2011, the SEC charged Satyam Computer Services Ltd., an India based-company, with fraudulently overstating the companys revenue, income, and cash balances by more than $1 billion over five...
The following are summaries of the cash book and bank accounts of J. Duncan who does not keep his books using the double entry system. You are required to: (a) Calculate the value of J. Duncan's...
Read the following and answer the questions below. On 31 December 2015 the bank column of C. Tench's cash book showed a debit balance of 1,500. The monthly bank statement written up to 31 December...
The bank columns in the cash book for June 2016 and the bank statement for that month for D. Hogan are as follows: You are required to: () Write the cash book up to date to take the above into...

List and describe three factors that will affect/influence demand, and two factors that will affect/influence supply in

Question:

Expert Answer:

Factors Influencing Demand 1 Income As income increases consumers tend to buy more of most goods if all else is held constant Higher income would usua... View the full answer

Auditing A Practical Approach with Data Analytics

Students also viewed these economics questions