Final answer:
The one characteristic not included in the home demand for a firm's products or services is the size of the competitors share of the home demand. Other factors, such as composition, size, and growth pattern of home demand and its influence on foreign markets, are important. These factors can affect market equilibrium in areas like the financial market for home loans.
Step-by-step explanation:
The characteristics of home demand for a firm's products or services include several key factors, but not the size of the competitors share of the home demand. The composition of home demand, the size of home demand, and the pattern of growth of home demand are all crucial elements.
Additionally, the means by which home demand influences foreign markets is important, as it reflects how domestic demand can shape a firm's international strategies.
In economic theory, home demand influences the equilibrium price and quantity in various markets, including the financial market for home loans. For instance, when the number of home-buyers increases, it typically leads to a higher demand for home loans, which can drive up the equilibrium price and quantity.
If people have greater confidence in the economy, they are more likely to take on home loans, again potentially increasing both price and quantity. However, if banks experience a high rate of non-repayment on loans, this could lead to a decrease in the supply of loans, potentially raising the price but lowering the quantity of loans provided.
Therefore, B) the size of the home demand is correct.