Explain all the determined of demand?
Answers
Explanation:
Determinants of Demand Definition
The determinants of demand are factors that cause fluctuations in the economic demand for a product or a service. A shift in the demand curve occurs when the curve moves from D to D₁, which can lead to a change in the quantity demanded and the price.
Answer:
The five Determinants of Demands . The price of the good of service. The income of buyers. The price of related goods or service - either complementary and purchased along with a particular item, or substitutes and brought instead of a product. The tastes and preferences of consumer will derive demand.