No, price is not the only determinant of consumer behavior or market dynamics. Factors such as quality, brand reputation, consumer preferences, availability, and psychological influences also play significant roles in purchasing decisions. Additionally, external factors like economic conditions, competition, and trends can impact how consumers perceive value beyond just price.
Determinant of share price
price of the good
its demand , supply
A key determinant of the price elasticity pf supply is the availability of alternative products. The more choices consumers have, the more elasticity the price must have.
Change in the expected future price of housing.
Determinant of share price
price of the good
A determinant is defined only for square matrices, so a 2x3 matrix does not have a determinant.Determinants are defined only for square matrices, so a 2x3 matrix does not have a determinant.
Only square matrices have a determinant
its demand , supply
A key determinant of the price elasticity pf supply is the availability of alternative products. The more choices consumers have, the more elasticity the price must have.
Expectations of the future price
Change in the expected future price of housing.
No - look at the example of motor fuel. No. The price of a good is not a determinant of demand at all. The price of a good determines the quantity demanded, not the demand. "The demand" is a curve showing the quantity demanded at each price. If price changes, you simply move up or down the line. The "Demand" does not change, because you are still on the same line. The strongest determinant of demand is probably the consumer(s)' taste and preferences.
The determinant function is only defined for an nxn (i.e. square) matrix. So by definition of the determinant it would not exist for a 2x3 matrix.
The determinant of supply can be listed as follows: - goal of the firm - price of the goods - price of inputs - technology - price of related goods - expectation of producers - government policy
The determinant is only defined for square matrices.