Реферат: Law Of Demand Essay Research Paper There

Demand can change for various reasons for products. Depending on what’s

in style at the time and what time of year it is. The demand in C.D.’s could

change if the prices rose on them. People are not going to buy C.D.’s if the

price rises on them greatly. They can easily replace what they wanted with a

cassette tape.

Another way that the demand of C.D.’s can change is when another product

comes out that is better. For example Napster. People can download any song

they want onto a blank C.D. (the C.D. only costs about $2) for free. When you

have options like that why would you go and waste $20 on a C.D. that you

might not even like. The Demand for C.D.’s could also change by going up. If

there is a C.D. that is coming out with Christmas Songs on it, and it is

Christmas time a lot of people are going to want to purchase that C.D. But if

that Christmas C.D. was released sometime in the summer, not too many people

are going to want to purchase it. It all has to do with the Laws of Demand and the time of

purchase.