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The urgency of need, the availability of adequate substitutes, and the amount of income required to buy the item

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12y ago

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What is determinants of demand?

Determinants of demand which are sometime also called as demand shifters is a number of factors that when they change they will cause the demand curve to shift.


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 the non-price determinants of Demand?

Income, Substitutes, complementary goods, tastes and preferences are some of the non-price determinants of demand.


What are determinants of a demand?

price of the good


Determinants of demand are sometime also called as?

Demand shifters.


Determinants Of Demand Is Sometime Also Called As What?

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Main determinants of labour demand are: demand for goods,availability of capital and cost of labour. Main determinants of labour supply are: wages and benefits, population size(demographic factors) and job requirements


What is the explanation of determinants of demand?

law of demand: the higher the price the lower the demand for the product and vise versa


What are the determinants of money demand in an economy?

discuss the determinant of money demand


Determinants of demand include factors that determine the amount that will be purchased at each price?

Determinants of demand include factors that determine the amount that will be purchased at each price


What is demand function.what are its determinants of demand function?

the determinats demand are prices and non price factor


What are the determinants of the dead weight loss in economics?

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