Which of the following is not a component of the demand perspective?
A) Integration and interdependence of various markets
B) Product standardization
C) Convergence of consumers' tastes and preferences
D) All of the above

Question

Quizplus · Accepted Answer

The demand perspective focuses on the factors that influence consumer demand, such as income, prices, and tastes and preferences. Product standardization, convergence of consumers' tastes and preferences, and integration and interdependence of various markets are all factors that can influence consumer demand.

Which of the Following Is Not a Component of the Demand