The nonprice determinants of demand can be divided into categories including: the number of buyers in the market. ☐ consumer preferences ☐ the number of sellers in the market. expectations of future prices. ☐ technological changes. changes in the price of a good. the prices of related goods. ☐ consumers' incomes.

Managerial Economics: A Problem Solving Approach
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Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
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Chapter8: Understanding Markets And Industry Changes
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The nonprice determinants of demand can be divided into categories including:
the number of buyers in the market.
☐ consumer preferences
☐ the number of sellers in the market.
expectations of future prices.
☐ technological changes.
changes in the price of a good.
the prices of related goods.
☐ consumers' incomes.
Transcribed Image Text:The nonprice determinants of demand can be divided into categories including: the number of buyers in the market. ☐ consumer preferences ☐ the number of sellers in the market. expectations of future prices. ☐ technological changes. changes in the price of a good. the prices of related goods. ☐ consumers' incomes.
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