Interpreting Market Trends
Data on various market factors will need to be collected for identification of their effect on demand of vehicles in the Australian market. Those factors are summarized as follows
Disposable income is the level of income that households can spend for their consumer purposes. It is the income after taxation whose level determines the income that consumers have at their disposal. In that respect, it is determined by employment level within an economy.
Purchasing power: Price index/inflation:
Purchasing power refers to the ability that the income held has in buying goods and services. The change in purchasing power determines the quantity of goods ...