Economy, asked by madhuchoubey0808, 5 months ago

what are the determinats of demand for the product

Answers

Answered by Mɪʀᴀᴄʟᴇʀʙ

19

The determinants of demand are factors that cause fluctuations in the economic demand for a product or a service.

Answered by cherry2851

2

Explanation:

5 key determinants of demand for products and services

Income. When an individual's income rises, they can buy more expensive products or purchase the products they usually buy in a greater volume. ...

Price. ...

Expectations, tastes, and preferences. ...

Customer base. ...

Economic conditions

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