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Taxes Price expectations Consumer tastes and preferences for the product Population Competitors' advertising expenditures Advertising expenditures Income of consumers Price of complements Price of substitutes
- Taxes
- Price expectations
- Consumer tastes and preferences for the product
- Population
- Competitors' advertising expenditures
- Advertising expenditures
- Income of consumers
- Price of complements
- Price of substitutes
Refer to the 9 NON-PRICE DETERMINANTS OF DEMAND
Explain how each influences demand, regardless of price increase or decrease.
Acknowledge your sources (name of author, title of book/journal/website, publisher, year published)
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