wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Which of the following does not relate to the amount of goods demanded by the consumer?


A

Price of the good

No worries! We‘ve got your back. Try BYJU‘S free classes today!
B

Name of the producer of goods

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C

Consumer’s income

No worries! We‘ve got your back. Try BYJU‘S free classes today!
D

Consumer’s taste and preferences

No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is B

Name of the producer of goods


There are economic, social as well as political factors on which the demand for a commodity depends. For example- income of the consumer, price of goods, tastes preferences, credit facilities, etc.


flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Classification Based on Their Main Role
GEOGRAPHY
Watch in App
Join BYJU'S Learning Program
CrossIcon