There are multiple factors that affect demand for a good or service, including
demand for a complementary good, consumer expectations, changes in preferences
and tastes, and the number of consumers in the market.
Check Your Understanding- Question 2 of 2
Attempt 1 of 2
Read the passage. What two factors are influencing demand?
Air travel is down by almost 50 percent as most people prefer to take road trips in
cars as opposed to boarding an airplane. As a result, the price for jet fuel drops
significantly.
☐ A. Changes in consumer preferences and tastes
B. Changes in consumer expectations
C. Changes to the number of consumers
D. Changes in demand for complementary goods