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Chapter 1 Unit II questions

For Chapter 1 Unit II questions Click Nature & Scope of Business Economics
QUESTION
Q13) All of the following are determinants of demand except:

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Correct

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Solution:
which of the option is not a determinant of demand. The answer is (b) Quantity supplied.
The determinants of demand are (a) Tastes and preferences, (c) Income of the consumer, and (d) Price of related goods.
Correct option is (b)