The factor that is not a determinant of demand is cost of production.
Demand determinants include consumer preferences, consumer incomes, and prices of related goods. Cost of production is a determinant of supply, not demand.
Responses
consumer preferences
consumer preferences
consumer incomes
consumer incomes
prices of related goods
prices of related goods
cost of production
1 answer
The factor that is not a determinant of demand is cost of production.
Demand determinants include consumer preferences, consumer incomes, and prices of related goods. Cost of production is a determinant of supply, not demand.