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ECONOMICS IN HUMAN LIFE (Demand (Factors influencing Demand (Own price of…
ECONOMICS IN HUMAN LIFE
Economics
Importance
Demand
Concept of Demand
Law of Demand
Demand Curve
Factors influencing Demand
Own price of commodity
Price of related goods
Income of the consumer
Taste and preference of the consumer
Commodity
Price of related goods
Income of the consumer
Tastes and preferences of the consumers
Number of consumers
Supply
Concept of Supply
Factors Influencing Supply
Own price of the commodity
Change in technology
Change in price of other goods
Change in tax rate
Factors of Supply
Own price of the commodity
Change in technology of production
Change in price of inputs
Change in tax rate
Tax
How the Price of a Commodity is Determined?