Which of the Following Is Not a Non-Price Determinant of Demand

question 164

Multiple Choice

Which of the following is not a non-price determinant of demand?

• A) Consumer preferences
• B) Income of the consumers
• C) The number of sellers in the market
• D) The prices of related goods

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Definitions:

Firm Level

Pertains to decisions, strategies, and performance metrics that are applied at the overall company or organization level.

Straight Commission Plans

Compensation schemes where employees' earnings are solely derived from the commissions on sales they generate.

Price Concessions

Adjustments made to the standard pricing of products or services, often provided to attract customers or finalize a deal.

Gainsharing

A performance-based compensation strategy where employees receive financial rewards for contributing to improvements in productivity, efficiency, or quality within their company.