It is July. School starts in Smalltown, USA, in August. The demand for bathing suits decreases. Which of the following non-price determinants of demand does this scenario represent?
a. Income effect (normal goods vs, inferior goods).
b. Consumer expectations.
c. Related goods and services (substitute effect).
d. Buyers/consumers in the market.

Question

16-06-2024
Business

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It is July. School starts in Smalltown, USA, in August. The demand for bathing suits decreases. Which of the following non-price determinants of demand does this scenario represent?
a. Income effect (normal goods vs, inferior goods).
b. Consumer expectations.
c. Related goods and services (substitute effect).
d. Buyers/consumers in the market.

Sagot :

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