Economists use the term demand to summarize the influences of factors other than price on the number of units that consumers want to buy.

Name: Economists use the term demand to summarize the influences of factors other than price on the number of units that consumers want to buy.
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This is true. Demand is affected not only by price, but also by factors such as income, tastes and preferences, consumer expectations, and the availability of substitute goods.

Economists Use the Term Demand to Summarize the Influences of Factors