The most important determinant of consumer spending is disposable income. If consumers have more income, they will spend more, and aggregate demand will increase.

Demand is an economic principle that describes consumer willingness to pay a price for a good or service. ... Demand: How It Works Plus Economic Determinants and the Demand Curve. By.

The law of supply and demand explains how changes in a product's market price relate to its supply and demand. Demand for basic necessities is less responsive.

Determinants of Demand. When factors other than price change, demand will change. These are the determinants of the demand. 1. Income: A rise in a person’s income will lead to an increase in ...

Determinants of Demand for the Indian Textile Industry. Special Articles. Vol. 48, Issue No. 03, 19 Jan, 2013. Bindu Oberoi. The author gratefully acknowledges her debt to C P Chandrasekhar, who ...