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What are the factors that affect quantity demanded?

Answer:
Quantity Demanded is only affected by the change in prices & all other factors given below only affect or lay down changes in Demand


2. taste/preference of consumers; the higher the pereference for a particular goods/service the higher the qd for the goods/service; the lower the preference the lower the qd of the goods/service
3. deposable income (dy) of consumers; the higher the dy of consumers the higher the qd of goods/services; the lower the yd the lower the qd of goods/services
4. population. the more the population the higher the qd for goods/services; the lower the population the lower the qd for goods/services
5. price of complimentary goods/services; the higher the price of complimentary goods the lower the demand for the main goods; the lower the price of the complimentary goods/service the higher the demmand for the main goods/service.


by;Zain-Ul-abideen

email. Zain-Ul-abideen@hotmail.com

First answer by ID1378028194. Last edit by Zainejaz. Contributor trust: 2 [recommend contributor recommended]. Question popularity: 3 [recommend question].