Question

which term is used for income demand curve ​

Answer 1

Explanation:

If consumers' income drops, decreasing their ability to buy corn, demand will shift left (D3). ... In everyday usage, this might be called the "demand," but in economic theory, "demand" refers to the curve shown above, denoting the relationship between quantity demanded and price per unit.

Answer 2

Answer:

If consumers' income drops, decreasing their ability to buy corn, demand will shift left (D3). ... In everyday usage, this might be called the "demand," but in economic theory, "demand" refers to the curve shown above, denoting the relationship between quantity demanded and price per unit.