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6 January, 05:52

The five factors that will cause the demand curve to shift are

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  1. 6 January, 09:07
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    The five determinants of demand are:

    The price of the good or service.

    Prices of related goods or services. These are either complementary, those purchased along with a particular good or service, or substitutes, those purchased instead of a certain good or service.

    Income of buyers.

    Tastes or preferences of consumers.

    Expectations. These are usually about whether the price will go up.
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