The main determinants of demand in Mauritius include consumer income, preferences, and population Demographics. Changes in income levels can significantly impact purchasing power, influencing demand for goods and services. Additionally, cultural factors and trends play a crucial role in shaping consumer preferences. Lastly, population size and growth also affect overall demand as they increase the number of potential buyers in the market.
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
outline main determinants of demand for consumer goods?
The main two are supply and 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 respect would you expect determinant demand for computers to differ from determinants of the demand for milk
price of the good
Demand shifters
Demand shifters.
Income, Substitutes, complementary goods, tastes and preferences are some of the non-price determinants of demand.
discuss the determinant of money demand
law of demand: the higher the price the lower the demand for the product and vise versa
the determinats demand are prices and non price factor