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Nonprice determinants of demand

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Reference no: EM133203195

Refer to the Chapter 4 textbook reading which discusses consumer expectations as one of the five nonprice determinants of demand that cause a shift in demand. Additionally, review the topic Resource, "Survey of Consumers," and discuss the following:

  • What are consumers currently expecting this month? How much has the consumer expectation changed compared to last month? Compared to last year?
  • What changes in society or the economy might explain these changes, including your predictions for the next consumer sentiment report?

Reference no: EM133203195

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