Westonci.ca connects you with experts who provide insightful answers to your questions. Join us today and start learning! Join our Q&A platform to get precise answers from experts in diverse fields and enhance your understanding. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.
Sagot :
A characteristic of demand for a good, service, or resource other than its own market price is a non-price determinant.
What are non-price determinants?
Non-price determinants are factors that affect the demand for a good other than the price of the good. Change in the non-price determinant lead to a change in demand. Changes in non-price determinants lead to a shift of the demand curve.
Non-price determinants include:
- Income of the consumer
- Weather
- Change in the price of other goods
- Change in consumer taste.
To learn more about non-price determinants, please check: https://brainly.com/question/17139199
#SPJ1
We hope our answers were useful. Return anytime for more information and answers to any other questions you have. We hope this was helpful. Please come back whenever you need more information or answers to your queries. We're here to help at Westonci.ca. Keep visiting for the best answers to your questions.
