Which of the following is not a determinant of demand?

Question

Quizplus · Accepted Answer

Available technology is not a determinant of demand. The determinants of demand are factors that affect the willingness and ability of buyers to purchase goods and services, including income, the price of other goods, expectations of income, tastes and preferences, and the size and composition of the population. Available technology may affect the supply of goods and services, but it does not directly affect demand.

Which of the Following Is Not a Determinant of Demand