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 Words: 508 - Pages: 2| What Is Demand Beginning of EssayThe official definition of demand is as such: Demand is the relationship between price and quantity demanded for a particular good and service in particular circumstances. For each price  the demand relationship tells the quantity the buyers want to buy at that co ....
 Middle of Essay....  purchased will be  lessened. Increases in income results in increasing of options of what and how much a person  may purchase. Normal goods refer to products that people tend to buy more of as their income  increases. Inferior goods are goods that people use less of as their income increases. 
The goals of a person refer to the "wants" and "needs" of a person. Goals of a consumer  depends on multiple factors. Factors ranging anywhere from age, education, and region to social  customs. People in different areas are influenced by different things and therefore demand for  specific goods. (Provided the means for paying for the goods is there) Substit ....
 
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