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The baby boom generation affected demand for certain goods by leading to a higher demand for baby clothes, baby food, and books on baby care.
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Annabell Hickle
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∙ 13y agoThe baby boom generation affected demand for certain goods by leading to a higher demand for baby clothes, baby food, and books on baby care.
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How the baby boom generation affect demand for certain good?
The baby boom generation affected demand for certain goods by leading to a higher demand for baby clothes, baby food, and books on baby care. - You're WelCUM
How can population changes affect demand for certain goods?
immediate demand for a good will go up if it's price is expected to rise. this is how population changes affect demand for certain goods.
How does consumer expectation affect demand for certain goods?
Expectations of future events affect the current demand for a good or service.
How do complements affect demand?
Because of complimentary goods demand increase.
How does consumer income affect the demand for normal goods?
A good that decreases in demand when consumer income rises; having a negative Income increases will thus affect the consumption of these goods.
What effects supply and demand?
Fluctuations in the price of goods. The affect of demand on price is directly proportional and supply's affect on price is indirectly proportional.
What factors affecting the demand of automobiles?
Complementary goods are consumed with other goods and the prices for these goods can affect demand for automobiles. These factors can include petrol prices, tyre prices or vehicle registration costs. In general, if any of these increase, their demand will decrease, along with demand for automobiles.Supplimentary goods are consumed instead of other goods, in other words, they are alternatives to a certain good. In this case, they could include bicycles, motorcycles, footpaths and public transport. If any of these goods increase in price, then automobiles will become more in demand due to being a cheaper alternative, whereas if the price of the goods decrease, demand for automobiles will likely decrease.
How does consumer income affect the demand for normal and inferior goods?
A consumers income can affect their demand for most goods, for normal goods if the consumers income increases then there is a demand for more normal good, but a fall in income would cause a shift to the left for the demand curve, this shift is called a decrease in command. For inferior goods, an increase in income causes demand for these goods to fall, inferior goods are goods that you would buy in smaller quantities, or not at all, if your income were to rise and you could afford something better.
How did the existence of the baby boom generation change demand in US'?
demand was raised for different goods with each age of the baby boomers reached.
How did the existence of the baby boom generation change the demand in the US?
demand was raised for different goods with each age of the baby boomers reached.
How did the existence of the baby boom generation change demand in the US?
demand was raised for different goods with each age of the baby boomers reached.
How does change in fashion affect the demand?
For certain products such as textile products, changes in fashion can bring about large and frequent changes in the demand. Example: when T- shirts are in fashion, the demand for T- shirt will increase. Mostly the demand will be high for those goods which are highly in fashion at that time period.
