Which of the following is a non-price determinant of demand?
A) income
B) tastes and preferences
C) prices of related goods and services
D) All of the above are correct.

Question

Quizplus · Accepted Answer

All of the options listed are non-price determinants of demand. Income, tastes and preferences, and prices of related goods and services all influence demand independently of the price of the good or service in question.

Which of the Following Is a Non-Price Determinant of Demand