Open Question: (Each question is worth of 0.2 points): 1. List the major non-price determinants of demand. 2. Suppose that macroeconomic forecasters predict that the economy will be expanding in the near future. How might managers use this information? True/False: 3. Market demand is the sum of all the individual supplies. 4. Equilibrium price: the price that equates the quantity demanded with the quantity supplied