Define market demand .explain the factors that affect it?

1.	Define market demand .explain the factors that affect it?
Answer» Factors affecting the market demand are price of the given commodity price of related goods income of consumer taste and preferences expectations of change in price in future size and composition of population season and weather distribution of income<br>market demand refers to the quantity of a commodity that all consumers are willing to and able to buy at each possible price during a given period of time<br>Market demand or market demand schedule is a table showing different quantities

Discussion