Which of the following may cause a change in demand for a product?

Question

Quizplus · Accepted Answer

A change in consumer incomes can cause a change in demand for a product because if consumer incomes increase, they may be willing to buy more of the product, whereas if consumer incomes decrease, they may be willing to buy less of the product.

Answer: D
 A change in the price of the product can cause a change in demand for the product because if the price of the product increases, consumers may be willing to buy less of it, whereas if the price of the product decreases, consumers may be willing to buy more of it.

Which of the Following May Cause a Change in Demand