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NEED ASAP Which of the following would NOT be a determinant of demand? A. The price of related goods ║ B. Income ║ C. Tastes ║ D. The prices of the inputs used to produce the good
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NEED ASAP

Which of the following would NOT be a determinant of demand?

A. The price of related goods ║ B. Income ║ C. Tastes
║ D. The prices of the inputs used to produce the good

User Pavan Jadda
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5.4k points

2 Answers

2 votes

Answer:

Explanation:The prices of the inputs used to produce the good

The Price of Inputs

Producing a good or service involves taking inputs and applying a process to them to produce an output. The output is the finished good or service, and inputs are raw materials, labor, utilities, liscensing fees, or even other goods. These inputs are also known as factors of production.

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User RajaReddy PolamReddy
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6.2k points
4 votes
The answer is D the prices of inputs used to PRODUCE the good
User Brinxmat
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