Which Among the Following Does Not Determine the Shape of the Demand

question 84

Multiple Choice

Which among the following does not determine the shape of the demand curve under different market structures?

• A)Number of substitutes in the market
• B)Importance of the good in consumer's budget
• C)Cost structure of the firm
• D)Price-elasticity of demand
• E)The length of time being considered

---

Definitions:

Shadowing

A technique used in cognitive psychology and language learning where a participant repeats speech immediately after hearing it to study attention and language processing.

Short-term Memory

The ability to keep a limited quantity of data in a state of immediate accessibility for a brief duration.

Limited Capacity

A concept referring to the finite cognitive resources available at any given time to process information.

Short-term Memory

The component of the memory system where small amounts of information can be kept for a short period, typically a few seconds to a minute.