The non-price determinants or other factors that affect demand are:

Posted By Admin @ September 03, 2022


Which of the following are non-price determinants of supply?

new producers entering the market
government taxes and subsidies
effect of mass media advertising
cost of the product or services
future expectation of prices


1. New producers entering the market.  (More businesses producing a product or service will mean a greater supply of that product or service.)

2. Government taxes and subsidies.  (High taxes on a product may discourage suppliers, whereas government subsidies will encourage more of the product to be supplied.  A recent example was government subsidy for the production of ethanol, which caused a strong increase in ethanol production and supplies.)

4. Cost of the product or services.  (High input costs to provide the product or service will tend to decrease supply, as profit margins for producers are affected.)

5. Future expectation of prices.   This one is tricky to call a "non-price determinant," but it's not a current, actual price.  It's the anticipation that prices and sales will be strong at some future point.  So, for instance, if there is an expectation that flying cars (or personal helicopters) will someday be a high-demand item that will sell for high prices, that will spur development and supply of such an item.

The only one I left out was #3, effect of mass media advertising -- because that is something that is a determinant of demand rather than supply.

Similar Questions

  1. The non-price determinants or other factors that affect supply are:
  2. Which of the following is a non-price determinant of demand
  3. Which of the following are non price determinants of demand
  4. Which of the following are non price determinants of supply
  5. Which two factors directly affect the price of a stock
  6. What are the major determinants of price elasticity of demand
  7. How do limiting factors affect the population of a species
  8. What three factors determine the growth rate of a population
  9. Which statement is true about the factors affecting physical fitness
  10. Which factors affect the rate of osmotic movement of water
  11. Which combination of factors would most likely increase aggregate demand
  12. The two main factors that determine where organisms live are
  13. Which of the following factors does not affect soil formation
  14. Which factor sets the ceiling on setting a product's price
  15. What are the factors that affect the rate of reaction
  16. What two factors affect the gravitational force between two objects
  17. A factor that most influences changes in consumer demand is
  18. A competitive advantage based on factors other than price is
  19. What two factors are the keys to determining labor productivity
  20. How can supply and demand affect job stability and income
  21. Which of these factors does not significantly affect our wellness
  22. Factor that affects the number of individuals in a population
  23. Prejudice would be an example of what factor affecting wages
  24. Which factor could affect the relative value of a procedure
  25. Factors that affect your fitness health and wellness are called
  26. What are the factors that affect the rate of dissolution
  27. A demand curve shows the graphical relationship between price and:
  28. Which of the following factors does not affect someone's bac
  29. What is the most important factor that determines earth's temperature
  30. Five factors that affect your health that you can control
  31. 5 factors that affect your health that you can control
  32. Predict how unfavorable abiotic and biotic factors affect a species
  33. Which is an abiotic factor that affects a freshwater ecosystem
  34. How did the discovery of the rhesus factor affect society
  35. How do consumer expectations affect the demand for a product
  36. The social factors that affect the consumer decision journey are
  37. Abiotic factors that could affect the stability of an ecosystem
  38. A key determinant of the price elasticity of supply is
  39. Cross price elasticity of demand measures the response in the
  40. Which factors positively affect lifetime income check all that apply
  41. The price elasticity of demand is a measure of the
  42. The government determines prices for goods and services in a
  43. According to the law of demand price and quantity move
  44. Five factors that affect your health that you cannot control
  45. The price elasticity of demand is a measure of the:
  46. Which is a biotic factor that could affect an ecosystem
  47. A demand curve enables a firm to examine prices blank______.
  48. Which statement explains how regulations on prices affect business practices
  49. The price elasticity of demand is a negative number because
  50. Which of the following influences the price elasticity of demand
  51. Does product price affect the length of a distribution channel
  52. Which statement best describes the factors that affect muscular endurance
  53. The price elasticity of demand is a negative number because:
  54. All of the following factors affect an area's biodiversity except
  55. Which sentence best revises sentence 3 to use formal language
  56. Chlorine gas is bubbled through a solution of sodium bromide.
  57. At the beginning of the year addison company's assets are
  58. The marginal benefit of a slice of pizza is the:
  59. The majority of sulfur dioxide produced by industry comes from
  60. A rep selling online courses is speaking with a prospect
  61. How to find the missing side length of a triangle
  62. Which is true of pullman porters in the 1920s apex
  63. A what relationship exists between an employee and a supervisor
  64. What is the opinion of experts on infant socioemotional development
  65. A truck can be rented from company a for 110
  66. Discuss the growing concerns over credibility of online medical resources
  67. How to find the equation of a horizontal tangent line
  68. A permanent change in the dna sequence of a gene
  69. What is the greatest common factor of 14 and 49
  70. How does the author express his opinion in this passage
  71. How much interest does a $318 investment earn at 9
  72. The blank are incident management personnel that the incident commander
  73. Manifest destiny was used to justify an american desire to
  74. A security officer's job does not include reporting safety hazards
  75. What is at the heart of hypothesis testing in statistics

What must happen for heat to be transferred by convection

Answer: (Q ) What must happen for heat to be transferred by convection? A. The liquid or gas must circulate to move the heat.Explanation:If the …

Which situation best illustrates a business increasing its productivity apex

The situation that best illustrates a Business increasing its productivity that is A Software company hires a Marketing firm to increase the number of people …

What are m and n in the rate law equation

The answer is A. The m and n are the coefficients obtained from the equation. And important thing is that the equation need to be …

Reviewers have a responsibility to promote ethical peer review by:

Answer:During the review process of a manuscript, reviewers seek help of others in the research team to perform the review.Explanation:In a quality research work after …

Which microscope did robert hooke use to study tree bark

Robert Hooke is a scientist known for his fine skills in drawing and on his work on different instruments. He is considered as a Renaissance …

Unit 1 geometry basics homework 1 points lines and planes

From the given diagrams given, the following answers can be deduced:1. J, L2. HK3. K4. N5. 2 planes6. A B C D7. AD8. E9. DE …

What is a characteristic of internal monologue in modernist writing

The right option is; c. It mimics the way the human mind works. An internal monologue is the expression of a how a character thinks, …

How do you find the height of a rectangular prism

Answer:The height is 5 inStep-by-step explanation:V = l*w*hSubstitute in what we know360 = 24 *3*h360 = 72hDivide each side by 72360/72 = 72h/725 = hThe …

Which of the following reactions would result in decreased entropy

Answer:DExplanation:Since the state of matter is going from a gas to a solid, it would be going from a state of high entropy (greater disorder) …

Which compound has the strongest hydrogen bonding between its molecules

You can compare the strength of the hydrogen bonding by comparing the electronegativities of the other elements. All the four elements, Br, F, Cl and …

Which element has a molar mass of 30.974 g mol

Phosphorus, PFrom the periodic table

Which of the following statements about cardiac arrest is true

Answer:B.Cardiac arrest occurs when blood flow to part of the heart muscle is blocked.

The economic model of social responsibility places primary emphasis on:

Hi. I am not sure if there are missing details in your post and if the words written after the statement are the choices. Assuming …

What set of reflections would carry hexagon abcdef onto itself

When a point is reflected, it must be reflected across a line. The reflection of ABCDEF that carries it onto itself is:D. y=x, x-axis, y=x, …