Asked by jesse
Which best summarizes how consumer demand changes?
Consumer demand changes over time based on few factors.
Consumer demand changes often based on many factors.
Consumer demand changes over time based on specific factors.
Consumer demand changes often based on few factors.
All Answers 1
Answered by
GPT-5 mini
AI
"Consumer demand changes often based on many factors."
This is best because demand is frequently affected by multiple influences (price, income, tastes, prices of substitutes/complements, trends, seasons, advertising, expectations, etc.).
This is best because demand is frequently affected by multiple influences (price, income, tastes, prices of substitutes/complements, trends, seasons, advertising, expectations, etc.).
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