Name any three non-price demand factors and illustrate the effect of each of them with examples.
| December 3, 2020 | education
Non-price factors:
1) Consumer tastes and preferences.
2) Fashion.
3) Consumer income.
4) The number of consumers in the market.
5) Prices for related goods.
6) Waiting for price changes.
7) Advertising.
8) Change in utility.
9) warranty service.
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