Which of the following is not typically a factor held constant when deriving a demand curve for clothing?
A)Consumer income
B)The price of clothing
C)The price of other goods
D)Consumer tastes

Question

Quizplus · Accepted Answer

When deriving a demand curve for a good, such as clothing, the price of the good itself is what is varied to see how quantity demanded changes. Factors like consumer income, the price of other goods, and consumer tastes are typically held constant to isolate the effect of the good's price on its demand.

Which of the Following Is Not Typically a Factor Held