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Word Count: 626
There are many different products that are in demand for teenagers today Normally at different times there are different products that are high in demand Usually you will not see a product in high demand for a long time Products come in and out with style Whatever is in at the time is usually what is high in demand And as soon as the product is no longer considered cool or trendy the product usually loses its demand CDs for an example is something that has and always will be in high demand with teenagers Normally a product will go out of demand when consumers buy too much of a product marginal utility they get sick of it Too much of something is normally not good But CDs are not the same product Each CD has a different band or singer on it so buying too many CDs doesnt effect your desire to buy them because every CD has something different on it to offer you So therefore Marginal Utility plays a great factor in the demand of CDs because you buy them for satisfaction and you wont get sick of buying them because each one has something different to offer you Income effect also plays a great role in the demand of CDs If the price of CD changes we have the choice to purchase more CDs if we want to Substitution effect also plays a role in the demand of CDs If for some reason we can not afford to purchase a CD we can always purchase a tape instead Tapes are cheaper to buy and they usually contain everything that a CD would have on it Purchasing CDs is quite easy today You can go to almost any type of store and they sell CDs just on Long Island
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