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Mice21 [21]
1 year ago
10

A characteristic of demand for a good, service, or resource other than its own market price is?

Business
1 answer:
dybincka [34]1 year ago
5 0

A characteristic of demand for a good, service, or resource other than its own market price is Nonprice Determinant of Demand

<h3>When the quantity supplied of a good service or resource equals the quantity demanded?</h3>

The price in a market at which the quantity demanded and the quantity supplied of a good are equal to one another; this is also called the “market clearing price.”

<h3>What is equilibrium price also known as?</h3>

An equilibrium price, also known as a market-clearing price, is the consumer cost assigned to some product or service such that supply and demand are equal, or close to equal.

To learn more about Nonprice Determinant, refer

brainly.com/question/26875049

#SPJ4

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3 years ago
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