Which of the following factors does not cause a change in demand
ECONOMICS
WAEC 2008
Which of the following factors does not cause a change in demand
- A. Taste and fashion
- B. vagaries of weather
- C. price of other commodities
- D. price of commodity
Correct Answer: D. price of commodity
Explanation
A change in demand means a shift in consumer desire to purchase a particular good or service, irrespective of a difference in its price. From the options given above, the price of the commodity does not cause a change in demand, option D is therefore correct.
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