Please answer:?

Question

How are these factors affect demand or demand curve?

A. Wealth

B. Quality of the good

C.Advertising and promotions

D. Expectation of future price increases

please explain

Answer 1

A. The more wealth someone has, the more they will want and they will increase demand for different products.

B. If a product is of good quality, people will want it more readily.

C. Advertising creates a want in consumers and can trigger an impulse to go out and buy something, creating a higher demand for the good.

D. If people think that the price of something will increase soon, they will stock up now that prices are low, and thereby increase demand.