Advertisements
Advertisements
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
Advertisements
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.
shaalaa.com
Is there an error in this question or solution?
