kelsylopez67 kelsylopez67
  • 27-11-2021
  • Business
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What are the three important elements to consider when defining demand and supply?​

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XxPickachuxX
XxPickachuxX XxPickachuxX
  • 27-11-2021

Answer:

Price Fluctuations. Price fluctuations are a strong factor affecting supply and demand. ...

Income and Credit. Changes in income level and credit availability can affect supply and demand in a major way. ...

Availability of Alternatives or Competition. ...

Trends. ...

Commercial Advertising. ...

Seasons.

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