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Factors that influence Demand 1 2 3 4 5 6 7 Example of Product & Substitute Product Example of Product & Complimentary Product How will VAT increasing effect a Restaurant?

Ms. E. Corbett

Student Instructions

Market Demand

Read the slides on Market Demand and answer the following Qs using the template attached. 1. List the factors that influence demand For the following questions do not use the examples from the slides 2. Give an example of a product and it’s substitute product 3. Give an example of a product and it’s complimentary product 4. If the VAT rate for the hospitality sector (restaurants and hotels) goes up state ONE effect for a restaurant owner. I’ll post again on a Friday 😎

Other, Social Studies
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Compatible with: Chromebooks, computers, iPads, iPhones, Android tablets, Android phones, Kindle Fire

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