Question: Can someone help me answer this, it's about Demand and Supply. Identify the factors of demand (income, taste, expectations, prices of related goods, and population)


Can someone help me answer this, it's about Demand and Supply.
Identify the factors of demand (income, taste, expectations, prices of related goods, and population) and supply (cost of production, technology, and availability of raw materials and resources in the given situation.It'll be a great help! Thank you so much!


Ill. Analyze how the following commodities affects the demand and supply by comparing its prices in market. (Explain your answer in the space below) 1. Which of the following commodities are higher in prices compare to others. a. Oil vs Vegetables a. 1 kilo of ordinary rice vs 1 large of Lay chip (junk food) b. Water bill vs electricity bill c. Tuition fee vs Restaurant Billll. Complete the data needed by identifying the factors of demand (income, taste, expectations, prices of related goods, and population} and supply (cost of production, technology, and availability of raw materials and resources in the given situation. Explain how you came up with the factor identied. Factors affecting Demand Explanation and Sm II More people ten to buy "sale\" in malls Sellers would want to sell more wholesale than retail 2 4 3- _ during Fiesta Restaurant owner increase 1' their prices during the start of the purchase of - - uiment Angel's Pizza is 10. continuously increasing its sale because of its unique and delicious taste
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