Which of the following is not held constant in a demand schedule?
A)Income
B)Tastes
C)Price
D)Expectations

Name: Which of the following is not held constant in a demand schedule? A)Income B)Tastes C)Price D)Expectations
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Question

Quizplus · Accepted Answer

A demand schedule typically holds factors such as income, tastes, and expectations constant to isolate the effect of price changes on the quantity demanded. The price is the variable that changes in a demand schedule to show how it affects the quantity demanded.

Which of the Following Is Not Held Constant in a Demand