Utme 2018 Economics Question 8

Practice objective / multiple choice question 8 from the 2018 Utme Economics examination. This question covers Economics .

Utme 2018 Economics Objective / Multiple Choice 2 Difficulty
Topic: Economics
Question 8 UTME • 2018 • ECONOMICS • objective

A major determinant of the demand for a luxury good is

Answer Options

A. the price of other goods
B. the price of the good
C. tastes and fashion
Correct Answer D. the income of consumers
Correct Answer
D
Correct Option:
the income of consumers

About This Question

This is Utme 2018 Economics Question 8. It is one of the objective questions from the 2018 Utme Economics examination.

The question covers Economics .

Difficulty level: 2 .

View More Utme 2018 Economics Questions More Utme Practice Questions Back to Questions

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