Which of these factors does not cause a change in demand?...
Which of these factors does not cause a change in demand?
Income
Taste and fashion
Population
Price of other commodities
Price of the commodity concerned
Correct answer is E
A change in demand means a change in consumers' desire to purchase a particular good or service, irrespective of a change in its price.
The following are the factors affecting a change in demand
From the above explanation, the price of the commodity does not affect the willingness of the consumer to purchase the commodity, hence option E is the correct option.
Public corporation in West Africa are set up to ...
A major effect of ageing population is ...
The diagram above shows the effect of ...
Favourable terms of trade is important to a country because it facilitates ...
If a good is an inferior good, then ...
Productive resources can also be called ...
Giffen commodities are those commodities ...