Which best summarizes how consumer demand changes?

A) Consumer demand changes quickly based on few factors.

B) Consumer demand changes over time based on many factors.

C) Consumer demand changes quickly based on specific factors.

D) Consumer demand changes over time based on few factors.

Question

Which best summarizes how consumer demand changes?

A) Consumer demand changes quickly based on few factors.

B) Consumer demand changes over time based on many factors.

C) Consumer demand changes quickly based on specific factors.

D) Consumer demand changes over time based on few factors.

toriii · Answer

Not sure with this one, It seems like it would be B although this question doesn't have a graph to go with it?  Demand / supply graph etc. If not my best guess would be B. @Economics Online :)

anonymous · Answer

I'd go for C. Consumer preference changes quickly and with that being said, it is for some specific factors.