question 1 of 8 what factor impacts a change in the quantity of a product or service? population increases…

question 1 of 8 what factor impacts a change in the quantity of a product or service? population increases advertising campaign technology improvement household income increases

question 1 of 8 what factor impacts a change in the quantity of a product or service? population increases advertising campaign technology improvement household income increases

Answer

Brief Explanations:

In economics, changes in population can shift the demand for products and services. An increase in population generally leads to higher overall quantity demanded as there are more consumers. Advertising campaigns can influence consumer preferences and awareness, potentially increasing the quantity demanded. Technology improvements can affect supply - making production more efficient and increasing the quantity supplied. Increases in household income can lead to higher purchasing power and thus an increase in the quantity demanded for normal goods. All these factors can impact the quantity of a product or service.

Answer:

All of the above (Population increases, Advertising campaign, Technology improvement, Household income increases)