Examlex

Solved

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

question 253

Multiple Choice

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


Definitions:

Store Equipment

Tangible assets used in a retail business's operations, such as cash registers, shelving, and display cases.

Period Cost

Costs that are not directly associated with the production of goods and are expensed in the period they are incurred.

Factory Utilities

The costs associated with utilities in a manufacturing environment, including electricity, water, and gas necessary for production.

Product Cost

The total cost incurred by a company to produce, acquire, and prepare a product for sale, including materials, labor, and overhead expenses.

Related Questions