QUESTION IMAGE
Question
which factors influence changes in consumer demand? check all that apply. market share elasticity international trade clearance sales income
Elasticity affects how responsive demand is to price changes. Clearance sales can change demand through price - related incentives. Income directly impacts a consumer's ability to buy. Market share is more about a firm's position in the market and international trade mainly affects supply - side and trade - related aspects rather than directly changing consumer demand in a fundamental way.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
B. elasticity
D. clearance sales
E. income