A shift of the demand curve for a product to the right or left is called a change in demand, and can be caused by a change in buyers' incomes.

Question

Quizplus · Accepted Answer

A shift of the demand curve to the right or left is indeed called a change in demand, and it can be caused by various factors including a change in buyers' incomes among others such as prices of related goods, tastes, expectations, and the number of buyers.

A Shift of the Demand Curve for a Product to the Right