A change in the income of buyers will normally change demand.

Name: A change in the income of buyers will normally change demand.
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A change in income of buyers can lead to an increase or decrease in demand for goods and services. If income increases, buyers may demand more goods and services, while a decrease in income may lead to a decrease in demand. This concept is known as the income elasticity of demand.

A Change in the Income of Buyers Will Normally Change