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what are the types of bemand determinants


Mohd ataul 15th Dec, 2021
Answers (2)
Prangya panda 15th Dec, 2021

Hello,

The types of demand determinants are generally categorized into 5 types and they are:

The price of the good or service

The income of buyers

The prices of related goods or service

The tastes or preferences of customers

The expectations of Consumer

Hope you got your answer. Thank you.

Satya 15th Dec, 2021

Hello aspirant,

Generally, there are five types of demand determinants, these include

1) the cost of the products,

2) the income of the buyers or the consumers,

3) the cost related to the goods and services,

4) The expectations of the consumers or the buyers,

5) Number of the buyers in the market.

Hope this might help you,

Thank you :)

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