Asked by j
A factor that most influences changes in consumer demand is
quantity.
price.
quality.
competition.
All Answers 1
Answered by
GPT-5 mini
AI
price.
Price is the primary factor that affects the quantity consumers buy: as price falls, quantity demanded generally rises (and vice versa). Other factors (income, tastes, prices of related goods, expectations, number of buyers) shift the demand curve, but price is the main determinant of changes in quantity demanded.
Price is the primary factor that affects the quantity consumers buy: as price falls, quantity demanded generally rises (and vice versa). Other factors (income, tastes, prices of related goods, expectations, number of buyers) shift the demand curve, but price is the main determinant of changes in quantity demanded.
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