demand affect the price

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  • August 27, 2011 at 6:00 am #62
    Aakanksha
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    How do the determinants of demand affect the price of a particular product?

    August 27, 2011 at 6:01 am #8624
    Aakanksha
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    As demand for a good goes up, the price goes up. So any determinant of demand that has positive or negative effect on demand will have the same affect on the price.

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