Which of the following variables does not influence the quantity of product that a firm is able to sell?
A)Price of the product
B)Price of related products
C)Plant production costs
D)Incomes and tastes of consumers
E)Advertising

Question

Quizplus · Accepted Answer

While plant production costs can impact a firm's profitability, they do not directly influence the quantity of product a firm is able to sell. Factors such as price, consumer incomes and tastes, and advertising can all impact consumer demand and therefore the quantity of product a firm is able to sell. Price of related products can also impact demand, as consumers may choose to purchase substitute goods if the price of the firm's product is relatively high.

Which of the Following Variables Does Not Influence the Quantity