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.
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.
Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter3: Supply And Demand: Theory
Section3.3: The Market: Putting Supply And Demand Together
Problem 4ST
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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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