Which of the following is NOT a determinant of demand in the market for canoes in Minnesota?
The population of Minnesota.
The average income of Minnesota residents.
The number of sellers of canoes in Minnesota.
The price of canoe paddles in Minnesota.
Consumer tastes for canoeing in Minnesota.
Answer:
Number of seller of canoes.
The number of seller would only affect the supply curve and not the demand curve.
canoe renters are definitely a detriment.
number of seller should not matter
Canoe building has been delegated to cheap overseas labor, mainly in India. The lumber is shipped from Minnesota, fabricated into the boats and shipped back. This has had an amazing effect on supply and demand for authentic Minnesota canoes.
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