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WAEC Economics 1988 Question 12

Question 12

Theory of Demand

Which of these factors does not cause a change in demand?

  1. A.Income
  2. B.Taste and fashion
  3. C.Population
  4. D.Price of other commodities
  5. E.Price of the commodity concerned.
Show the answer and explanation

Answer: E (Price of the commodity concerned.)

Explanation

A change in the good's own price causes a change in quantity demanded (a movement along the curve), not a change in demand (a shift).