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:

Industrial Working Conditions

Refers to the often harsh and dangerous environments laborers faced in factories and mines during the Industrial Revolution, leading to labor reforms.

Alexander Cassatt

A prominent American railroad executive in the late 19th century, most famous for his presidency of the Pennsylvania Railroad.

Government Regulation

The act of controlling business behavior through rules or laws, enacted to protect public interest.

Cooperative Factories

Manufacturing establishments run by a collective group of workers who share the profits and management responsibilities.