asked 1.1k views
2 votes
How can population changes affect demand for certain goods?

People at different stages of their lives have different demands.

Different levels of demand will cause different prices.

More people demanding goods will cause prices to rise.

Demand will exceed supply under some population conditions.

1 Answer

6 votes
different levels of demand will cause different prices 
answered
User Dodgio
by
8.0k points
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