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
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