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Which one of these is a determinant of Individual demand?

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Question

Which one of these is a determinant of Individual demand?

Options

  • Size and composition of population

  • Season and Weather

  • Distribution of Income

  • None of these

MCQ
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Solution

None of these

Explanation:

These are determinants of market demand, not individual demand. Individual demand is affected by factors such as the consumer’s income, tastes and prices of related goods.

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Chapter 3: Demand - OBJECTIVE QUESTIONS [Page 3.39]

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Sandeep Garg Introductory Microeconomics [English] Class 11
Chapter 3 Demand
OBJECTIVE QUESTIONS | Q 11. | Page 3.39
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