Question: Correct answers please DEMAND Factors or Determinants affecting Demand 1. Average Income Why is there a need to learn fundamental higher income means higher demand

Correct answers please

DEMAND Factors or Determinants affecting Demand 1. Average Income Why is there a need to learn fundamental higher income means higher demand and economic concepts? lower income means lower demand MARKET MARKET The dynamics of the market depends on how the government manages it. Two classifications: Free market economy Command economy This is where buyers and sellers meet to exchange goods and services

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