8
QuizMultiple Choice

The Law of Demand — Quiz

Question 8 • Economics

Which best describes a reason that consumer demand can change?

Answer
A
distribution problems
B
loss of income
C
loss of supply
D
market problems

Explanation

A consumer’s income affects how much they can afford to buy. If people lose income, they may reduce their purchases, so demand changes. Therefore, “loss of income” is the best choice.

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