Market Demand Is Determined by All of the Following Except

question 87

Multiple Choice

Market demand is determined by all of the following except

• A)The number of potential sellers.
• B)Income.
• C)Tastes.
• D)Expectations about future income.

---

Definitions:

Option to Abandon

A strategic financial decision allowing a company to cease an investment or project, thereby limiting its losses.

Initial Cost

The initial expenditure required to acquire an asset or start a project, including the purchase price and setup costs.

Management Decision

A choice made by the leadership of an organization that influences its operations or strategy.

Consumer Demand

The desire of purchasers, consumers, clients, or buyers for a product or service in the marketplace.