Duffka School of Economics - Determinants of supply and demand (EBOOK Section 5) (2024)

Demand Determinants

Changes in any of the following will either increase (shift right) or decrease (shift left) the demand curve:

1. Tastes, preferences, and/or popularity

2. Number of buyers

3. Income of buyers

4. Price of substitute good

5. Price of complementary goods

6. Expectations of future prices of goods

See Also
Price Elasticity of Supply: Meaning, Types & Examples
See Also
The 2023's Guide On Determinants Of Supply | Definition & ExplanationMeaning and Determinants of Demand - GeeksforGeeksWhat Are the Determinants of Supply?Supply and the determinants of supply (article) | Khan Academy
Duffka School of Economics - Determinants of supply and demand (EBOOK Section 5) (2024)
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