Answer to Question #78372 in Microeconomics for Winter

Question #78372
what non-price determinant causes a pent up demand and how does it cause?
1
Expert's answer
2018-06-19T08:47:08-0400
One of the non price determinants that may move up the demand curve is the changes in the number of customers (buyers). The growth of number of customers increases the overall size of potential sufficient demand. That is why suppliers are able to sell more goods with higher prices. That is why demand curve moves up.

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