Question 502022EconomicsWAEC

Which of the following factors is not a cause of change in demand? Changes in

A

taste and fashion

B

income distribution

C

price of the commodity

D

the size of the population

Step-by-Step Explanation

Demand for a commodity is influenced by factors such as consumer preferences, income distribution, and population size, which can shift the demand curve. However, the price of the commodity itself does not cause a change in demand; instead, it leads to a movement along the demand curve, reflecting changes in quantity demanded. Changes in demand are specifically driven by external factors that affect consumers' willingness and ability to purchase goods.

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