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All of the following items are determina...

All of the following items are determinants of demand except:

A

1.tastes and preferences.

B

2.quantity supplied.

C

3.income.

D

4.Price of related goods.

Text Solution

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The correct Answer is:
b
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  9. With a fall in the price of a commodity:

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  10. Goods that exhibit direct price-demand relationship are called:

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  11. In case of Giffen goods, the demand curve will be :

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  12. Law of Demand is a :

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  17. What is the relation between good x and good y in each case, if with a...

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  18. Giving reasons, state the following statements are true or false: ...

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  19. Differentiate between Normal Goods and inferior Goods.

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  20. Differentiate between substitute goods and complementary goods.

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