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Briefly explain the factors influencing attention?
Consumer's Income
The total amount of income earned by an individual or household from various sources, influencing their purchasing power and demand for goods and services.
Price of a Book
The amount of money charged for a book, determined by factors like publishing costs, author royalties, and market demands.
Budget Constraint
A restriction on the possible combinations of goods and services an individual can afford to buy given their income and the prices of the goods.
Demand Curve
A graphical representation of the relationship between the price of a good or service and the quantity of it that consumers are willing to purchase at various prices.
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