what non-price determinant causes a pent up demand and how does it cause?
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.
Need a fast expert's response?
Submit order
and get a quick answer at the best price
for any assignment or question with DETAILED EXPLANATIONS!