I am an economics student at the University of Liverpool. I am really interested in economics and mathematics and I would love to share this intererest with yourselves. I
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To answer this questions I would reccomend learning the following acronym WISPER CAT
The factors which affect the level of demand are:
Substitute goods price
Expectations of future prices
Rates - interest
Complimenaty good prices
Trends and fashion
If any of the factors above are changed then the level of demand will be affected.see more