The Following Questions Refer to the graph below.
-Which of the following is NOT one of the "other things equal" underlying the demand curve?
A)Prices of resources
B)Purchasing power of buyers
C)Buyers' tastes and

Question

The Following Questions Refer to the graph below. 
-Which of the following is NOT one of the "other things equal" underlying the demand curve?
A)Prices of resources 
B)Purchasing power of buyers 
C)Buyers' tastes and

Quizplus · Accepted Answer

The prices of resources are part of the "other things equal" assumptions underlying the demand curve, meaning that they are considered constant during the analysis. The purchasing power of buyers and their tastes and preferences are also assumed to be constant, but they are explicitly listed as "other things equal" in the question stem.

The Following Questions Refer to the Graph Below