IDNLearn.com connects you with a community of experts ready to answer your questions. Our platform provides accurate, detailed responses to help you navigate any topic with ease.
Sagot :
The following would result in a negative change in demand for bus tickets: an increase in the cost of tractors used in corn fields, an expectation among producers that corn won't be very profitable in the near future, and a decrease in the number of corn sellers.
Demand is the amount of a good that buyers are ready and willing to buy at different prices at a particular time. The demand curve is another name for the relationship between price and quantity demand. The price of goods and the quantities produced and consumed are determined by supply and demand.
By making several purchases of a certain commodity or service, customers run the risk of depleting the available supply of that good. The result is a rise in demand. The supply that is readily available declines as demand rises. Several variables affect whether a good's demand rises or falls.
This includes the cost of the product, the perceived quality, the amount spent on advertising, the income and confidence of the consumer, as well as shifts in consumer preferences and fashion.
To learn more about demand: https://brainly.com/question/16790743
#SPJ4
We value your participation in this forum. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. Your search for solutions ends at IDNLearn.com. Thank you for visiting, and we look forward to helping you again.