Question

Explain determinants of demand.

Answer 1

Hey mate!

The five determinants of demand are: The price of the good or service. Income of buyers. Prices of related goods or services.

Answer 2

Answer:

As per the question

Determinants of Demand :

Demand : Individual demand ad market demand ,Total market demand and market segments demand, Derived Demand and direct demand, Industry demand and company demand, Short - Run Demand and Long Run Demand, Price demand, Income demand, cross demand

Determinants :

Price of the product, price of related goods, Consumer income, Consumer tastes and preference , advertisement expenditure, consumer exceptions, Demonstration effect Population of the country

Distribution national income