0 votes
in Business Studies Form 3 by
The demand for oranges doubled even if the price of the oranges remained the same over the same period. State four factors that may account for this.

1 Answer

0 votes
  1. Increase in consumer income
  2. Increase in population
  3. Favorable change in taste fashion and preferences for oranges
  4. Increase in the price of substitutes
  5. Favorable government policy
  6. Better terms of sale
  7. Favorable weather.
Welcome to EasyElimu Questions and Answers, where you can ask questions and receive answers from other members of the community.

6.4k questions

9.6k answers


590 users