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Questions and Answers
What does the market demand for a commodity depend on?
What does the market demand for a commodity depend on?
- The location of the commodity
- The size and composition of the population (correct)
- The availability of the commodity
- The advertising of the commodity
How does population size influence market demand?
How does population size influence market demand?
- The larger the population, the smaller the number of consumers
- The population size does not affect market demand
- The smaller the population, the larger the number of consumers
- The larger the population, the larger the number of consumers (correct)
What is the role of population composition in market demand?
What is the role of population composition in market demand?
- It influences the types of consumers and their demand for the commodity (correct)
- It affects the advertising of the commodity
- It determines the price of the commodity
- It has no impact on market demand
What is the relationship between market demand and population size?
What is the relationship between market demand and population size?
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How does population size affect the number of consumers?
How does population size affect the number of consumers?
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What factor influences the market demand for a commodity?
What factor influences the market demand for a commodity?
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