Answer to Question #132506 in Microeconomics for Steve Nnaji

Question

Identity the main factors affecting the demand of m&s products

Answer 1

The following are the main factor which is affecting the demand of m&s products

• Quality of the product as per brand's standing
• Price of the product which must be reasonably justifies the price and the willingness of people to spend money on the clothing
• Fashion and design trend among the target customers and the customers demographics
• Availability of the products which are contemporary as well as good mix of old fashion.