All the following factors will cause a change in demand except
Answer Details
A change in demand refers to a shift in the demand curve, which shows the relationship between the price of a product and the quantity demanded. It means that the consumers are now willing and able to buy a different quantity of a product at a given price than they were before.
All of the factors listed can cause a change in demand except the price of the commodity. The price of the commodity does not cause a shift in the demand curve, but rather a movement along the existing demand curve.
The other factors can cause a shift in the demand curve. For example, an increase in consumer income can shift the demand curve for a normal good to the right, indicating that consumers are now willing and able to buy more of the product at every given price. Similarly, a change in population size, consumer taste, or weather condition can also cause a shift in the demand curve.
In summary, a change in demand refers to a shift in the demand curve, and the factors that can cause this shift include consumer income, taste, population size, and weather conditions, but not the price of the commodity itself.