Explore a vast range of topics and get informed answers at IDNLearn.com. Get prompt and accurate answers to your questions from our experts who are always ready to help.

Even without advertising, consumer tastes change over time due to changes in __________

Sagot :

Even without advertising, consumer tastes change over time due to changes in The change could be triggered by a shift in income levels, consumer tastes, or a different price being charged for a related product.

A good for which consumers' tastes and preferences are greater, its demand would be large and its demand curve will therefore lie at a higher level. It is the most important factor.

An increase and decrease in total market demand is illustrated in the demand curve, a graphical representation of the relationship between the price of a good or service and the quantity demanded for a given period of time.  

To know more about the demand curve here

https://brainly.com/question/26396953

#SPJ4