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11 June, 10:40

Which of the following is a non-price determinant of demand?

A productivity

B consumer demand

C price ceiling

D subsidy

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Answers (1)
  1. 11 June, 12:30
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    The answer is letter C.

    Explanation: A Price Ceiling is a government or group-imposed price control, or cap, on how high a price is charged for a product, merchandise, or service. Governments use price caps to protect consumers from conditions that could make goods prohibitively expensive.
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