Non-price Determinants of Demand refers to the factors other than the current price that can potentially influence the demand of a service or product and hence result in a shift in its demand curve
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What are the 5 non price determinants of supply?
The non-price determinants of supply are: resource (input) prices, technology, taxes and subsidies, prices of other related goods, expectations, and the number of sellers
What are the 5 non price determinants of supply?
The non-price determinants of supply are: resource (input) prices, technology, taxes and subsidies, prices of other related goods, expectations, and the number of sellers
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What Are Non Price Determinants
Non-price Determinants of Demand refers to the factors other than the current price that can potentially influence the demand of a service or product and hence result in a shift in its demand curve