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WAEC Agricultural Science 1996 Question 56

Question 56

Basic Agricultural Economics

The most important economic factor which determines the quantity of cassava a consumer will demand is the

  1. A.availability of yams
  2. B.price of cassava
  3. C.supply of cassava
  4. D.source of cassava
  5. E.taste of the consumer.
Show the answer and explanation

Answer: B (price of cassava)

Explanation

Price is the main factor in the law of demand.