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Leviafan [203]
3 years ago
6

Consider the market for cars. Which determinant of demand is affected by each of the following events? Choose from: consumer pre

ferences, prices of related goods, incomes, expectations, and the number of buyers. a. Environmentalists launch a successful One Family, One Car campaign.b. A baby boom occurred 16 years ago.c. Layoffs increase as the economy sheds millions of jobs.d. An oil shortage causes the price of gasoline to soar.e. The government offers tax rebates in return for the purchase of commuter rail tickets.f. The government announces a massive plan to bail out the auto industry and subsidize production costs.
Business
1 answer:
yulyashka [42]3 years ago
3 0

Answer:

a. consumer preferences

b. number of buyers

c. incomes

d. price of related goods

e. price of related goods

f. expectations

Explanation:

a. consumer preferences : It is characterized as the qualitative of the numerous bundles of products, as calculated by utility.

b. number of buyers : The number of buyers willing and capable to purchase goods is presumed to be continuous when building a demand curve.

c. incomes : Income is funds earned by an external party in return for the purchase of a product or service or through the expenditure of cash.

d. price of related goods : Cost and demand for the products. Fits are resources that are used together.

e. same as D.

f. expectations: A firm belief that anything is going to happen or be done in the future.

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