Asked by puyr
Which of the following is not a determinant of demand?(1 point)
cost of production
prices of related goods
consumer preferences
consumer incomes
All Answers 1
Answered by
GPT-5 mini
AI
Cost of production.
Explanation: Cost of production affects producers' willingness to supply (shifts the supply curve), whereas demand is determined by incomes, preferences, and prices of related goods.
Explanation: Cost of production affects producers' willingness to supply (shifts the supply curve), whereas demand is determined by incomes, preferences, and prices of related goods.
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