Which of the Following Is NOT a Determinant of Demand

question 105

Multiple Choice

Which of the following is NOT a determinant of demand for gasoline?

• A)Consumers' incomes.
• B)The price of diesel.
• C)The price of automobiles.
• D)The quantity of gasoline supplied.

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Definitions:

Credited

A bookkeeping record that augments liabilities or equity, or diminishes an asset or expense.

Assets

Assets are resources owned by a business or individual that have economic value and can be converted into cash or provide future benefits.

Decreased

A reduction in size, number, or amount of something from a previous level.

Credit

A financial agreement where a borrower receives something of value now and agrees to repay the lender at a future date.