Name at Least Three Variables That Can Affect the Demand

question 59

Essay

Name at least three variables that can affect the demand for a product and the market equilibrium.

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Definitions:

Marginal Tax Rate

The percentage of tax applied to your income for each tax bracket in which you qualify, essentially the tax rate you would pay on one additional dollar of income.

Weighted Average Cost

Weighted average cost often refers to the weighted average cost of capital (WACC), a calculation of a firm's cost of capital in which each category of capital is proportionately weighted.

Face Value

The nominal or dollar value printed on a security or currency.