Answers2027 Ignite Financial Literacy-Personal Finance - EL3403The Law of Supply and DemandQuestion 1
1
QuizMultiple Choice

The Law of Supply and Demand

Question 1 • 2027 Ignite Financial Literacy-Personal Finance - EL3403

A factor that most directly affects the demand for automobiles is

Answer
A
the individual tastes and preferences of buyers.
B
the cost of raw materials and natural resources.
C
the availability of workers in automobile factories.
D
a company's ability to respond to buyers' interest.
Next

More from this Course

Quiz
10 verified answers

Pre-Test

Quiz
10 verified answers

The Law of Supply and Demand

Quiz
10 verified answers

Determining Market Price

A factor that most directly affects the demand…