An increase in the demand for peanut butter, a normal good, can be caused by the following,
In marketplace,demand is the desire of consumers to buy (get) goods and services and the readiness for the same at a given time.
Other factors are taken to be constant here and the changes in price of any specific good or service can decrease or increase the demand (quantity).
There are various factors affecting the demand of products. This includes future expectations of the of products and the changes happening in the consumer earnings, preferences, product price and the consumers in marketplace.
The law of demand suggests that decreasing product prices will cause quantity demand to increase, and vice versa.
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