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Give four factors that may affect the demand of a commodity.
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asked
Jul 27, 2021
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Business Studies Form 3
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anony mous
Give four factors that may affect the demand of a commodity.
demand and supply
factors which influence demand for a product
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Jul 27, 2021
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anony mous
Price of the commodity
Level of consumer income
Prices of other related goods
Changes in fashion, tastes and preferences
Government policy
Changes in population
Seasonal changes
Distribution of incomes
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