Question: apple is much more expensive than other brands, why do you think people still buy this regardless of the high price? which among of the
apple is much more expensive than other brands, why do you think people still buy this regardless of the high price? which among of the 5 factors affectnig demand is significant in this case?
factors affectiong demand are:
- consumer income
- taste and pref
- prices of related goods
- number of buyers
- expectations
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