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JAMB - Economics (2016 - No. 38)

One of the factors affecting change in demand for a commodity is the _______?
Supply of the commodity
Availability of the substitutes
Price of the commodity
Technical know-how

Paaiškinimas

  • Tastes and Preferences of the Consumers
  • Income of the People:
  • Changes in Prices of the Related Goods
  • Advertisement Expenditure: 
  • The Number of Consumers in the Market
  • Consumers' Expectations with Regard to Future Prices

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