Introduction to Economics 1 Deneme Sınavı Sorusu #721635

According to the theory of demand, which of the following does not effect an individual’s decision about what quantity of a specific good to demand?


 tastes and preferences of the individual

the price of the good

the income of the individual

the price of related goods and services

the manufacturer’s future expectations


Yanıt Açıklaması:

The theory of demand indicates that an individual’s decision about what quantity of a specific good to demand is determined by factors such as the tastes and preferences of the individual, the price of the good, the income of the individual, the price of related goods and services, the individual’s expectations about the future income, wealth, and prices, etc. The correct answer is E.

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