What Are the 5 Determinants of Demand?

Answer

Demand, in economic terms, is the willingness of a consumer to purchase a good or service at a certain price. There are many determinants that effect demand. For example, 5 of these determinants are tastes or preferences, population, the price of related goods, consumer expectations, and the good's own price.
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Q&A Related to "What Are the 5 Determinants of Demand?"
Thanks for asking. For one it depends on what model you use, I'm basically going to post an alternative version of what I wrote here: Arik Beremzon's answer to Economics: What is
http://www.quora.com/Economics/What-determines-the...
Purchase power,income level,necessarity,willingness.
http://wiki.answers.com/Q/What_determines_a_demand...
Determinants of Demand are ,change in consumer tastes, change in the
http://www.chacha.com/question/what-are-the-determ...
It's a very broad aspect actually. Basically, it usually has some reason behind. For example, after a major flood many people will have Taste & Preference for building materials
http://answers.yahoo.com/question/index?qid=201111...
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