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Introduction to Economics 1
Introduction to Economics 1 Deneme Sınavı
Introduction to Economics 1 Deneme Sınavı Sorusu #721635
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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