Question

Briefly list and elaborate on the factors that will be affecting the demand for the following
products in the next several years. Do you think these factors will cause the demand to in-
crease or decrease?
a. Convenience foods (sold in food shops and supermarkets)
b. Products purchased on the Internet
c. Fax machines
d. digital cameras
e. DVDs rented from retail outlets
f. Pay-per-view television programing
g. Airline travel within the United States; airline travel within Europe
h. Gasoline

Answer 1

a. Increases demand

b. Increase demand

c. Decrease demand

d. Increase demand

e. Decrease demand

f. Decrease demand

g. Decrease demand

h. Increase demand