Which of the following "other things" are not held constant along a demand curve?
A)income
B)prices of related goods
C)the price of the good itself
D)preferences
E)expected future income and credit

Question

Quizplus · Accepted Answer

Along a demand curve, the quantity demanded of a good varies with the price of the good, while other factors are held constant. However, the price of the good itself is not held constant along the demand curve, as it is the variable being studied. Therefore, answer choice C is the correct answer. The other factors listed, such as income, prices of related goods, preferences, and expected future income and credit, are all held constant along the demand curve.

Which of the Following "Other Things" Are Not Held Constant