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Which of the following DOES NOT affect demand?

A. income
B. essential goods
C. substitute goods
D. diminishing marginal utility

User HMD
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1 Answer

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Essential goods does not affect demand for we cannot live without it. That is why the demand for essential goods will remain constant even if there is a change in price. An example is medicine; people will buy this to cure their ailment regardless of a price increase.
User Clarence
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