Which of the following is NOT a determinant of consumer demand?

Question

Quizplus · Accepted Answer

The state of technology is not a determinant of consumer demand. The determinants of consumer demand are factors that influence the willingness and ability of consumers to purchase goods and services. These include tastes and preferences, household income, prices of related goods, and other factors such as demographics, advertising, and government policies. The state of technology may affect the production and availability of goods and services, but it does not directly affect consumer demand.

Which of the Following Is NOT a Determinant of Consumer