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.
400 Level Management Accounting In Education Practice exam questions and detailed answers. Download the answers in…
400 Level Management Accounting In Education Practice exam questions and detailed answers. Download the answers in…
400 Level Management Accounting In Education Practice exam questions and detailed answers. Download the answers in…
400 Level Management Accounting In Education Practice exam questions and detailed answers. Download the answers in…
400 Level Management Accounting In Education Practice exam questions and detailed answers. Download the answers in…
400 Level Management Accounting In Education Practice exam questions and detailed answers. Download the answers in…