A Change in All of the Following Variables Will Change

question 21

Multiple Choice

A change in all of the following variables will change the market demand for a product except

• A)the price of the product.
• B)population and demographics.
• C)income.
• D)tastes.

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Definitions:

Artistic

Pertaining to or characteristic of art or artists, often indicating a talent for creating visually or audibly expressive works.

Realistic

Pertaining to the inclination to represent things as they actually are, without idealization or distortion.

Social

Relating to society or its organization, or the need for companionship or relationships with others.

Conventional

Adhering to accepted standards and practices; typical or traditional in nature.