Economics
NECO 2002
Which of the following is NOT a factor that brings about changes in demand?
-
A.
a change in real income
-
B.
government policy
-
C.
increase in population
-
D.
the price of the good or service
-
E.
taste and fashion
Correct Answer: Option B
Explanation
Factors that can shift the demand curve for goods and services, causing a different quantity to be demanded at any given price, include changes in tastes, population, income, prices of substitute or complement goods, and expectations about future conditions and prices.
Report an Error
Ask A Question
Download App
Quick Questions
Contributions ({{ comment_count }})
Please wait...
Modal title
Report
Block User
{{ feedback_modal_data.title }}