Question

Which of the following is not a determinant of the demand for good x

Answer 1

Answer:

Consumer income is a determination income consumer income is a determination of demand where as avaliable workers the price of factor inputs and technology are determinats of supply.

Explanation:

The five determination of demand

1. The price of the good or service

2. The income of buyers

3. The prices of related goods or services either complementary and purchased along with a particular items or substitute and bought instead of a product.

4. The tastes or preferences of consumers will drive demand.

5. Consumers expections