0
What factors can be considered a determinant to consumer demand?
Wiki User
∙ 11y ago
Supply and Price are the determining factors for Demand.
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
Outline the Main determinant of demand for consumer goods.?
outline main determinants of demand for consumer goods?
Which is determinant of demand?
They are factors affecting demand other than
Which is a determinant of demand?
They are factors affecting demand other than
Which is not considered to be a determinant of the price elasticity of demand for a particular good?
Expectations of the future price
Is the price of a good the strongest determinant of its demand?
No - look at the example of motor fuel. No. The price of a good is not a determinant of demand at all. The price of a good determines the quantity demanded, not the demand. "The demand" is a curve showing the quantity demanded at each price. If price changes, you simply move up or down the line. The "Demand" does not change, because you are still on the same line. The strongest determinant of demand is probably the consumer(s)' taste and preferences.
In what would you expect determinant of demand for computers to differ from the determinants of the demand for milk?
in what respect would you expect determinant demand for computers to differ from determinants of the demand for milk
What are 5 factors that affect the demand of fast moving consumer good?
The 5 factors that affect the demand of fast moving consumer good include the price, quality, availability, competition and the use of the products. There are many other factors that affect the demand for such commodities
What are not a determinant of demand?
price of the good
Why is demand the sole active determinant of land rent?
Demand is the sole active determinant of land rent because the supply is fixed.
What are the determinants of money demand in an economy?
discuss the determinant of money demand
What factors influence the price of a commodity?
Demand depends on a lot of factors. The price, income of consumer, price of other goods, the price of the complimentary goods, the seasonal factor (in certain cases), advertising, trends and fashion, tastes, population and much more.
What is the basic determinant of price of a commodity?
its demand , supply
