[amp_mcq option1=”a result of increase in the size of the family” option2=”a result of change in taste” option3=”a function of price alone” option4=”none of these” correct=”option3″]
The correct answer is: C. a function of price alone.
A demand schedule is a table that shows the relationship between the price of a good and the quantity demanded of that good. It is a function of price alone because it shows how much of a good consumers are willing and able to buy at different prices.
The other options are incorrect because they are not functions of price alone. Option A is incorrect because the size of a family does not affect the demand for a good. Option B is incorrect because taste is a subjective factor that can affect the demand for a good, but it is not the only factor. Option D is incorrect because the demand schedule is a function of price alone.