population & demographics
definition: The demand for a product will change if the number or the demographics (types) of people change
connected key terms: none price determinants of demand | petics | population & demographics | expectations | tastes & advertising | income | compliments | substitutes


everyday examples
▪ the area of diamond bar is mostly korean; buildings have korean and english writing
▪️ more upper class economically inclined people live in claremont, higher end stores and car dealersd
▪ chula vista is next to mexico, more mexican stores

navigation
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