The most important factor which determines the demand for cowpea by consumers is the
Answer Details
The correct answer is the "price of cowpea."
The demand for cowpea by consumers is primarily determined by its price. As with any product or commodity, the higher the price, the lower the demand, and vice versa. Consumers tend to buy more cowpea when the price is low and less when the price is high. This is because when the price is high, it becomes more expensive for consumers to buy, which may cause them to look for alternative products or reduce their consumption of cowpea.
While the income of consumers is also a factor that can influence demand, it is not as important as the price of cowpea. Even if consumers have a high income, they may still be unwilling to pay a high price for cowpea, which could result in lower demand. Similarly, while the taste of consumers is a consideration, it is not as significant a factor as price. If the price is too high, even consumers who enjoy the taste of cowpea may switch to alternative products.
Finally, the supply of cowpea is not a factor that determines the demand for cowpea. Supply refers to the quantity of cowpea that is available in the market, while demand refers to the quantity of cowpea that consumers are willing to buy at a given price. The supply of cowpea may influence its price, but it does not directly determine the demand.