Which of the Following Would Not Affect an Individual's Demand

question 90

Multiple Choice

Which of the following would not affect an individual's demand?

• A) Prices of related goods
• B) The individual's preferences
• C) The individual's income
• D) The costs of inputs

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Definitions:

Unknown Party

An individual or entity whose identity is not known or cannot be confirmed.

Written Contracts

Legally binding agreements captured in writing that specify the duties, rights, and obligations of each party.

Date Due

The specified day by which an obligation must be fulfilled or a payment must be made.

Aging of Accounts

The process of categorizing accounts receivable by the length of time they have been outstanding.