Question

what is demand explain the determinants of demand​

Answer 1

Demand is the quantity of a good that consumers are willing and able to purchase at every price level, ceteris paribus.

Answer 2

Demand is the quantity of a good that consumers are willing and able to purchase at various prices during a given period of time.

Determinants of Demand:

1. Income
2. Consumer Preferences
3. Number of Buyers
4. Price of related goods
5. Expectation of future

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