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Briefly list and elaborate on the factors that will be affec

1- 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 increase or decrease ?

a) Convenience foods (sold in food shops and supermarkets)
b) Products purchased on the internet
c) Fax Machines
d) Film and cameras
e) Videos rented from retail outlets
f) Pay-per-view television programming
g) Airline travel within the United States; airline travel within Europe
h) Gasoline

Please add reference.

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a) Convenience foods (sold in food shops and supermarkets) - this will continue to increase as people become busier. Convenience foods have become popular because many people find it more convenient to purchase ready-made foods instead of preparing the traditional meal at home, which can be time consuming. The demand for convenience foods will remain constant and may slowly increase, but this is one product that will not decrease in demand.

b) Products purchased on the internet - the demand for convenience again is the dominant factor here. The demand for internet-based shopping products will continue to increase as more and more people turn to the ...

Solution Summary

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 increase or decrease ?

a) Convenience foods (sold in food shops and supermarkets)
b) Products purchased on the internet
c) Fax Machines
d) Film and cameras
e) Videos rented from retail outlets
f) Pay-per-view television programming
g) Airline travel within the United States; airline travel within Europe
h) Gasoline

Please add reference.

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