AQA Economics AS - Conditions of demand

A condition of demand is: a determinant of demand other than the good's own price, that fixes the position of the demand curve.

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Last updated: June 23, 2017

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First submitted	November 22, 2016
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What are the five conditions of demand?

Prices of substitute goods or goods in competing demand

The price of goods in joint or complementary demand

Personal income

Tastes and preferences

Population size (influencing total market size)

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