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ABC Corp factors that influence demand for health food

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Understanding Real World Demand

Introduction: You have been hired by ABC Corp. to evaluate the demand for health food in the market. You are invited to a team meeting for a discussion on the demand for health food.

Task: Discuss the factors that influence the demand for health food in the market.

1)Give at least two factors that influence the demand for health food in the market.

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Solution Summary

ABC Corp factors that influence demand for health foods are discussed. Two factors that influence the market are examined.

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(1) Price: This is probably the most important factor affecting the demand for a product. In our Economics 101 class, we learn that the higher the price for health food, the ...

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