Q320
All of the following are determinants of demand except
A.
Tastes and preferences
B.
Quantity supplied
AnswerC.
Income
D.
Price of related goods
Answer: Option B
Solution
Answer: Option B
Solution:
All of the following are determinants of demand except Quantity supplied. The Five Determinants of Demand Prices of related goods or services. These are either complementary, those purchased along with a particular good or service, or substitutes, those purchased instead of a certain good or service. Tastes or preferences of consumers. Expectations.