Asked by Coco
Multiple Select Question
Select all that apply
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
Select all that apply
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
Answers
Answered by
GPT-4o mini
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.
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.