9 most essential factors that determines the elasticity of demand are : 1. Nature of goods 2. Availability of substitutes 3. Alternative use 4. Possibility of postponing consumption 5. Proportion of income spent 6. Price-level 7. Force of habit 8. Durability of commodities and 9. Income level.
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Demand changes due to two factors. Firstly demand changes due to price and secondly demand changes on account of changes in other factors other than price.
Fertility is the actual bearing of children. Some demographers prefer the word nativity in place of fertility. Fecundity is the capacity to have children.
Health is influenced by a number of factors which exist within the individual and the society. The important factors which determine health are: 1) heredity 2) environment 3) life-style 4) socio – economic conditions 5) health services 6) health related systems.
There are several factors which directly or indirectly influence the growth and development of an organism. There are as follows:
The development of industries in an area depends upon the following factors: The industries which use heavy raw material and in a large quantity are generally located in the place of the centre of the raw material. For example, Jute Industries are located in West Bengal; Cotton Textile Industry is located in Mumbai and Ahmadabad.
There are several factors which directly or indirectly affect the health. Among these social, cultural, and environmental factors play dominant role for determining the individual and group health.
Under the impact of certain powerful factors Caste System in undergoing drastic changes in modern India. The factors affecting Caste System are as follows.
As in the case of every other form of activity, it should be considered whether it would be profitable to have a cost accounting system. The benefits from such a system must exceed the amount to be spent on it.
Success is any line of human activity is not ready-made. Certain amount of input is essential to have the output of higher degree of success. Very often, a question is asked as to what it takes for success in selling.