Which of the Following Would NOT Be a Determinant of Demand

question 53

Multiple Choice

Which of the following would NOT be a determinant of demand?

• A) the price of related goods
• B) income
• C) expectations
• D) the prices of the inputs used to produce the good

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Definitions:

Operating Assets

Resources employed in a business's regular activities for income generation, such as money, stock, and machinery.

Static Budget

A fixed budget that does not change or adjust over the budget period, irrespective of changes in actual activity levels.

Manufacturing Costs

All expenses directly involved in the production of a product, including raw materials, labor, and factory overhead.

Administrative Expenses

Overhead or operational expenses not directly tied to the production of goods or services, such as salaries of office staff and utilities.