Which variable is NOT a demand shifter?
A) price of complements
B) price of substitutes
C) price of raw materials
D) tastes and preferences

Name: Which variable is NOT a demand shifter? A) price of complements B) price of substitutes C) price of raw materials D) tastes and preferences
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Question

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Price of raw materials is a cost factor that affects supply, not demand. The other variables listed (price of complements, price of substitutes, tastes and preferences) are all factors that can shift the demand curve.

Which Variable Is NOT a Demand Shifter