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Factors Affecting Demand - Determinants of Demand

Determinants of Demand
The following image depicts determinants of demand with their relations.The factors affecting demand are:Price,
Income,
Tastes,
Price of Related Goods,
Consumers' Expectations,
Number of Buyers,
Climatic Condition,
Level of Economic Activity, and
Miscellaneous Factors.
Now let's discuss in detail each factor that influence demand.
1. Price
Price is the value of product or

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