Question

Explain the main determinants of demand of a commodity in the market.

04 Sep 2025
Answer :
Word Count : 325
The demand for a commodity in the market is influenced by several key determinants that guide consumer behavior. One of the primary factors is the price of the commodity itself. According to the law of demand, when the price of a commodity rises, the quantity demanded generally falls, and conversely, when the price falls, ____ ____ _______ _____ __________ _______ __________ __________ _________ _____ ___.
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