Recent research has discovered that consumers are drinking less soda because of a decline in its popularity. Which determinant of demand does this represent?

Question

Quizplus · Accepted Answer

The decline in soda consumption due to its decreasing popularity is an example of a change in tastes and preferences, which is a determinant of demand. This reflects how consumer preferences can shift away from a product, leading to a decrease in demand for it.

Recent Research Has Discovered That Consumers Are Drinking Less Soda