Types of price factors of demand

[hasinam2206]

Types of price factors of demand
Among the various circumstances that influence the volume of supply and demand, price factors form a separate group, and this is relevant for any market.

Although the price is set by the manufacturer, it indonesia mobile database directly affects the volume of demand, and several types of these characteristics are distinguished.

The interest rate effect, or Keynesian effect
An increase in the interest rate during inflation leads to a reduction in demand, and its decrease leads to an increase in consumer activity, which is usually accompanied by a decrease in prices. These processes are explained by the fact that the rise in the cost of loans due to a high rate forces people to refuse expensive purchases, and it becomes profitable to place existing savings in bank deposits.

On the other hand, when consumer credit becomes more accessible, it stimulates demand.

7 Mandatory Documents to Increase Sales
by 80%

Over the past 7 years, we have conducted over 23,000 comprehensive website audits and I have learned that all of us as leaders need clear and working algorithms for our marketing and sales.

Today we will share with you the 7 most valuable documents that we have developed for our clients.