Welcome to another episode of my podcast. This episode discusses that price is not the only determining factor. The Law of Demand is only true if all other determinants don’t change (ceteris paribus), such as consumer’s expectations.
Author Archives: johnzamen
Podcast 29 Taste As A Non Price Determinant Of Demand
Welcome to another episode of my podcast. This episode discusses that price is not the only determining factor. The Law of Demand is only true if all other determinants don’t change (ceteris paribus), such as consumer’s taste and preference.
Podcast 28 Prices Of Related Goods As A Non Price Determinant Of Demand
Welcome to another episode of my podcast. This episode discusses that price is not the only determining factor. The Law of Demand is only true if all other determinants don’t change (ceteris paribus), such as prices of Related Goods.