On the demand side of the market, you would examine:
A) the prices of inputs.
B) the preferences of consumers.
C) cost of production data.
D) the number of firms.

Question

Quizplus · Accepted Answer

The demand side of the market focuses on the behavior and preferences of consumers, including what they are willing and able to buy at different prices, hence option B is correct. Options A, C, and D relate more to the supply side, involving costs of production and the number of firms.

On the Demand Side of the Market, You Would Examine