Which of the following is NOT a direct determining factor of consumers' purchase decisions?
A) Consumers' tastes and preferences
B) Market price of the finished goods
C) Cost of factor inputs
D) Consumers' income
Question 2
Is it more efficient for a group of musicians to perform a show unplugged (with acoustic instruments) or with state-of-the-art electric instruments?
A) Unplugged is more efficient because the instruments are considerably less expensive to operate.
B) It depends on what the musicians are trying to accomplish.
C) The use of electric instruments is more efficient because acoustic instruments have become more expensive in recent years.
D) It depends exclusively on the relative ratios of energy output to energy input in each instrument class.
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