Question

which of the following is determinant of demand??​

Answer 1

The determinants of demand are:

The following are the five demand determinants:

• The cost of a product or service.
• Purchasers' earnings.
• The costs of similar items or services—either complementary and purchased in conjunction with a certain item, or substitutes acquired in place of a product.
• Consumer tastes and preferences will drive demand.
• Customer expectations are high.