Economy, asked by sthasthapa, 9 months ago

what is mean by change of demand​

Answers

Answered by shivangpandey73
23

Answer:

A change in demand is when the market changes a determinate of demand and shifts the entire demand curve either downward or upward. In other words, this is the market changing its preferences for a good or service and either increasing or decreasing the total demand for that product or service.

Explanation:

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Answered by ABHINAVsingh56567
5

Answer:

The shift of the demand curve of a product or service, caused by shifting trends or new competition, which can either lower or raise the price. USAGE EXAMPLES. If you want to always have your target marketed properly then you need to be able to react to any change in demand.

Explanation:

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