Question

factors affecting demand/determinants of demand​

Answer 1

Answer:

The Five Determinants of Demand

The price of the good or service.

The income of buyers.

The prices of related goods or services—either complementary and purchased along with a particular item, or substitutes and bought instead of a product.

The tastes or preferences of consumers will drive demand.

Consumer expectations.

Answer 2

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7 Factors which Determine the Demand for Goods

• Tastes and Preferences of the Consumers: ...
• Incomes of the People: ...
• Changes in the Prices of the Related Goods: ...
• The Number of Consumers in the Market: ...
• Changes in Propensity to Consume: ...
• Consumers' Expectations with regard to Future Prices: ...
• Income Distribution