160k views
1 vote
The five factors that will cause the demand curve to shift are

User Ivona Tau
by
4.4k points

1 Answer

7 votes

The five determinants of demand are:

The price of the good or service.

Prices of related goods or services. These are either complementary, those purchased along with a particular good or service, or substitutes, those purchased instead of a certain good or service.

Income of buyers.

Tastes or preferences of consumers.

Expectations. These are usually about whether the price will go up.

User Biobirdman
by
5.7k points