A factor that most directly affects the demand for automobiles is the individual tastes and preferences of buyers. the cost of raw materials and natural resources. the availability of workers in automobile factories. a company's ability to respond to buyers' interest.

Answers 3

Answer:

The individual tastes and preferences of buyers.

Explanation:

A factor that most directly affects the demand for automobiles is

the individual tastes and preferences of buyers

For better understanding let's us explain factors that influence demand

  • Factors of Demand are simply regarded as those things that in one way or the other affects how a buyer purchase goods and services. they includes; Income, Market Size, Consumer Tastes, Consumer Expectations, Substitutions, and Complements.
  • why individual tastes and preferences of buyer is actor that most directly affects the demand is that it deals with the consumer's taste if he or she wants it or not.

From the above we can therefore say that the answer A factor that most directly affects the demand for automobiles is the individual tastes and preferences of buyers, is correct

AI generated Answer

. Quick Answer: Individual tastes and preferences of buyers. Explanation: Ultimately, the demand for automobiles is determined by the individual tastes and preferences of buyers. Buyers will determine which cars they want to purchase based on their desired features and styles, cost, brand loyalty, and other factors, all of which relate to their individual preferences. Other factors, such as the cost of raw materials and natural resources, the availability of workers in automobile factories, and a company's ability to respond to buyers' interest, may also impact the demand for automobiles to some degree. However, these factors are less influential than individual consumer preferences, making them secondary to the primary factor of demand, which is individual tastes and preferences.
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