Respond to this discussion Determinants of Demand COLLAPSE The determinants of demand are factors that affect how much of a product or service people are willing and able to purchase. The most common determinants of demand include: -Income - Higher incomes mean more money to spend, which leads to increased demand. -Number of buyers - More people buying means more demand. -Tastes - People's preferences affect what they want to buy. -Expectations - Beliefs about the future can affect demand. -Substitutes - Other products can replace the original product, which can affect demand. -Complements - Products that are used with the original product can affect demand