185k views
11 votes
Demand is not the same as quantity demanded. What factors will change the demand for a good?

User Heekyoung
by
4.5k points

1 Answer

4 votes

Answer:

Other factors that shift demand curves. Income is not the only factor that causes a shift in demand. Other things that change demand include tastes and preferences, the composition or size of the population, the prices of related goods, and even expectations.

User Billy Ferguson
by
3.8k points