1 Answer - Sort by: Date | Rating
The more affordable an item is, especially if it is a popular item, the more demand as more people can and have the ability to make the purchase. If something is very expensive then there are fewer and fewer individuals that will be able to afford the expenditure thus making the demand less.
1
0
- In What Ways In Some Knowledge Of Mathematics Useful In Modern Economics?
- When Is Economic Efficiency Achieved?
- What Is Lbj's Speech On Poverty Mainly About?
- What Are The Effects Of Balance Of Payment On An Economy?
- What Steps Should India Take Ton Become A Po?
- What Are The Factors That Influence Supply?
- What Are The Importance Of Opportunitycost In Economics?
- How Would U Define Traditional Economy In Your Own Words?
- How To Over Come These Problems?
- Why They Face Storage Problems?
- Who Founder Of Ac Genrator Theory?
- What Is The Main Ideas Of Wealth Definition?
- Phillips Developed A Curve Which Shows Trade Off Between What?
- What Are 3 Solutions To Fix Oil Crisis?
- "Economic Backwardness Of Under Developed Country Is The Result Of Economic And Non Economic Factor. " Explain?
- How Many Years Ago Was Jesus Born?
- What Is The Percentage Of 35 Houses Unfinished Surveyed Out Of 63?
- Describe The Factors In The Big-Five Model?
- What Is The Difference Between Micro And Macro Levels Of Sociology Analysis?
- What Are The Measures To Adopt So As To Maintain A Minimum Price Control?
- What Is The Comparison Between Cardinal And Ordinal Approach?
- How Investment Multiplier Works?
- How Does A Producer Attain His Equilibrium Using The Isoquant Theory?
- Discuss The Classical And Keynesian Theory Of Interest And How Relevant Of The Keynesian Theory To His Theory Of The Demand For Money?
- What Will Be The Market Price Of Satyamcomp At The End Of The Day?

New Comment - Comments are editable for 5 min.