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What are the three factors that influence demand for a product?
Multiple select question.

consumer tastes

consumer income

involvement of shareholders

price and availability of similar products

number and location of retail outlets

1 answer

The three factors that influence demand for a product are:

  1. Consumer tastes
  2. Consumer income
  3. Price and availability of similar products

The involvement of shareholders and the number and location of retail outlets are not primary factors that directly influence demand.