Economy, asked by prashant7368, 10 months ago

what are the determinants of demand

Answers

Answered by Anonymous
18

Answer:

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.

Answered by Anonymous
1

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.

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