Answered

Summarize how consumer demand changes.

A. Consumer demand changes over time based on a few factors.
B. Consumer demand changes often based on many factors.
C. Consumer demand changes over time based on specific factors.
D. Consumer demand changes often based on a few factors.



Answer :

GinnyAnswer

Final answer:

Consumer demand changes in response to factors like economics, culture, demographics, and more, impacting purchasing behavior and market dynamics.


Explanation:

Consumer demand changes based on various factors such as economics, culture, demographics, substitutes, environment, politics, and advances in science. Shifts in demand are influenced by tastes, preferences, income, prices of related goods, and the population size or composition. These factors can lead to fluctuations in demand for products over time.


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