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The Figure Given Below Represents the PPC in Two Nations

Question 13

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The figure given below represents the PPC in two nations - Germany and Korea, producing only two goods, cars and food.Figure 2.4
The figure given below represents the PPC in two nations - Germany and Korea, producing only two goods, cars and food.Figure 2.4    -Which of the following determines the quantity demanded of a commodity? A) The income levels of consumers B) The price of the commodity C) The prices of related commodities D) The number of buyers E) Consumers' expectations
-Which of the following determines the quantity demanded of a commodity?


A) The income levels of consumers
B) The price of the commodity
C) The prices of related commodities
D) The number of buyers
E) Consumers' expectations

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