Which of the Following Is Not a Determinant Factor of the Price

question 24

Multiple Choice

Which of the following is not a determinant factor of the price elasticity of demand for a good?

• A)The availability of complementary goods
• B)The proportion of income spent on the good
• C)The availability of close substitute goods
• D)The amount of time that has elapsed since the price change
• E)The taste and preferences of consumers

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Definitions:

Testosterone

is a steroid hormone primarily produced in male testes and female ovaries, associated with secondary sexual characteristics and behaviors.

Intersex Condition

A variation in sex characteristics including chromosomes, gonads, or genitals that does not fit typical binary notions of male or female bodies.

Prenatal Development

The process of growth and development within the womb from conception until birth.

Testosterone

A steroid hormone that plays a key role in the development of male reproductive tissues as well as promoting secondary sexual characteristics such as muscle and bone mass, and the growth of body hair.