Which of the following is not a determinant of demand?

Question

Quizplus · Accepted Answer

The profitability of other products is not a determinant of demand for a specific product. Determinants of demand typically include factors like tastes, the price of substitute goods, income, and the distribution of income, which directly affect consumers' willingness and ability to purchase a product. The profitability of other products is more related to the supply side or investment decisions rather than consumer demand.

Which of the Following Is Not a Determinant of Demand