📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    âš¡ Month End Offer - Flat 52% Off On All Courses! Enroll Now âš¡
    00:00:00 AM Left

    Question

    Market demand for any good is a function of the

    A price per unit of goods Correct Answer Incorrect Answer
    B price of other goods Correct Answer Incorrect Answer
    C income and tastes of consumers Correct Answer Incorrect Answer
    D All of the above Correct Answer Incorrect Answer

    Solution

    Market demand for any good depends on the price of that good, features of the consumers of that good. Price of other goods as there might be goods that can substitute this good in a lower price .

    Practice Next
    More Sale Questions
    ask-question