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.
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2.1 The Law of Supply and Demand