A shift in demand occurs when
A) the price of that good changes.
B) the amount demanded of a good changes at each existing price.
C) there is a change in quantity demanded.
D) the price changes and the good is a normal good.

Question

Quizplus · Accepted Answer

A shift in demand occurs when there is a change in the amount of a good that buyers are willing and able to purchase at each price, even if the price remains the same. This could be due to changes in consumer tastes, income, population, etc. It is different from a change in quantity demanded, which refers to movement along the demand curve in response to a change in price. Changes in price only affect quantity demanded, not demand itself. The fact that the good is normal or inferior is not relevant to whether there is a shift in demand.

A Shift in Demand Occurs When