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1. |
what is change in demand ? |
Answer» Simply demand changes with not change with its own price<br>Changes in demand include an increase or decrease in demand. Due to the change in the\xa0price\xa0of related goods, the income of consumers, and the preferences of consumers, etc. the demand for a product or service changes.So there are two possible changes in demand:\tIncrease (shift to the right) in demand\tDecrease (shift to the left) in\xa0demand | |