Economy, asked by elishanongsiej, 9 months ago

what are the deterninals of demand curve​

Answers

Answered by chhaviramsharma9564
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Answer:

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Answered by adiraj548
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Answer:

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Explanation:

The five determinants of demand are:

1.The price of the good or service.

2.The income of buyers.

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

4.The tastes or preferences of consumers will drive demand.

5.Consumer expectations. Most often, this refers to whether a consumer believes prices for the product will rise or fall in the future.

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