3 Market supply and demand curves both have determinants whi

3.   Market supply and demand curves both have determinants which depend on

a.    Technology.

b.    The price of the good itself

c.    The price of other goods.

d.   Income.

Solution

3. Both market supply and demand curve have common determinant and it is Price of the goods itself.

This is because if price changes, then there will be movement along the demand and supply curve.

Hence option b is the correct answer.

Option b; the price of the good itself.