Which of the following is not a determinant of the demand for a particular good?
A)the prices of related goods
B)income
C)tastes
D)the prices of the inputs used to produce the good

Question

Quizplus · Accepted Answer

The prices of inputs used to produce a good are determinants of the supply of the good, not the demand for it. The demand for a good is determined by factors such as the prices of related goods, income, tastes, and preferences.

Which of the Following Is Not a Determinant of the Demand