Categories: Economics WAEC

Which of the following factors is not a cause of change in demand? Changes in

A. the size of the population
B. price of the commodity
C. income distribution
D. taste and fashion

Correct Answer:

Option B – price of the commodity

Explanation

Change in demand is also known as shift in demand. A change / shift in demand is caused by taste, income of the consumer, population size, festival, price of other commodities etc.

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