Which of the following items is a determinant of demand?
A)Expectations of consumers
B)Incomes of consumers
C)Consumers' preferences and tastes
D)All of the above

Question

Quizplus · Accepted Answer

All of the above are determinants of demand.
Key Takeaway: There are many things that contribute to demand of goods and services within an economy. Common determinants of demand are: expectations of consumers, income levels of consumers, consumers' preferences and tastes, prices of related goods within the market, information provided to consumers, and the number of consumers within the given market.

Which of the Following Items Is a Determinant of Demand