while drawing a demand curve, changes can take place in which of the following factors?
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The shift of a demand curve takes place when there is a change in any non-price determinant of demand, resulting in a new demand curve. ... Some of the more important factors are the prices of related goods (both substitutes and complements), income, population, and expectations.
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Answer:
The shift of a demand curve takes place when there is a change in any non-price determinant of demand, resulting in a new demand curve. ... Some of the more important factors are the prices of related goods (both substitutes and complements), income, population, and expectations.
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