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