A Factor That Most Directly Affects the Demand for Automobiles is:
Answer :
A. The individual tastes and preferences of buyers.
B. The cost of raw materials and natural resources.
C. The availability of workers in automobile factories.
D. A company's ability to respond to buyers' interest.
Correct Answer: D. The individual tastes and preferences of buyers.
The demand for automobiles is influenced by the unique preferences and inclinations of individuals. If people favor or are drawn to particular automobiles, they will buy them regardless of fluctuations in other factors such as price.
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