Which of the following will not affect the market price of a commodity?

A. increase in demand
B. change in taste
C. intersection of demand and supply
D. increase in supply

Correct Answer: Option C

C. intersection of demand and supply

Explanation

6 Factors Affecting Price Determination of…

• Product Cost
• The Utility and Demand
• The extent of Competition in the Market
• Government and Legal Regulations
• Pricing Objectives
• Marketing Methods Used