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WAEC Agricultural Science 2011 Question 57

Question 57

Basic Agricultural Economics

The most important factor which determines the demand for cowpea by consumers is the

  1. A.income of consumers.
  2. B.price of cowpea.
  3. C.supply of cowpea.
  4. D.taste of consumers.
Show the answer and explanation

Answer: B (price of cowpea.)

Explanation

By the law of demand, the price of a good is the main factor deciding how much people buy.