Economy, asked by Klejwane17, 9 months ago

What is meant by a shift in demand and list the reasons

Answers

Answered by lshabir276
2

Answer:

A shift in demand means at the same price, consumers wish to buy more. A movement along the demand curve occurs following a change in price.

Explanation:

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Answered by Anonymous
1

Answer:

A change in demand describes a shift in consumer desire to purchase a particular good or service, irrespective of a variation in its price

  • REASON: The change could be triggered by a shift in income levels,consumer tastes,or a different price being charged for a related product.
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