name four deteminants of demand
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5 key determinants of demand for products and services: -
1 . Income. When an individual's income rises, they can buy more expensive products or purchase the products they usually buy in a greater volume. ...
2. Price. ...
3. Expectations, tastes, and preferences.
4 . Customer base
5 . Economic conditions.
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Answered by
41
5 key determinants of demand for products and services: -
1 . Income. When an individual's income rises, they can buy more expensive products or purchase the products they usually buy in a greater volume. ...
2. Price. ...
3. Expectations, tastes, and preferences.
4 . Customer base
5 . Economic conditions.
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