हिंदी

If the price of a product increases but demand also rises during festive seasons, which determinant is most likely influencing this change?

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प्रश्न

If the price of a product increases but demand also rises during festive seasons, which determinant is most likely influencing this change?

विकल्प

  • Price

  • Distribution of income

  • Taste and expectations

  • Government policy

MCQ
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उत्तर

Taste and expectations

Explanation:

During festive seasons, an increase in tastes and expectations can cause demand to rise even if prices go up.

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