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Author Question: Which of the following is a non-price determinant of demand? A) income B) tastes and preferences ... (Read 43 times)

strangeaffliction

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on: Jun 29, 2018
Which of the following is a non-price determinant of demand?
 
  A) income
  B) tastes and preferences
  C) prices of related goods and services
  D) All of the above are correct.

Question 2

A common approach that economists use to understand, explain and predict economic phenomena is to
 
  A) form a theory or model.
  B) conduct experiments in a science lab.
  C) ask what people think.
  D) examine people's thought processes.


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pangili4

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


strangeaffliction

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Reply 2 on: Jun 29, 2018
Excellent

alvinum

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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