What causes a shift in demand? If
A fall in people’s income causes them to demand less of product.
Pls answer fast

Answers

Answer 1

Answer:

here is answer

Explanation:

Factors that can shift the demand curve for goods and services, causing a different quantity to be demanded at any given price, include changes in tastes, population, income, prices of substitute or complement goods, and expectations about future conditions j prices.

Answer 2
All else being equal the Demand for a product will decrease as the price of the product increases. The levels of demand will decrease based on the elasticity of the product or the marginal utility of the product

Related Questions

Differentiate between saving account and current account.​

Answers

A savings account is an account held at a bank or another financial institution. This account could be seen online and is used to store money and earn interest on that money.
A savings account saves your money.


A current account is a bank account that keeps your money safe and secure, it helps manage finances and is easy to make payments with. With a current account you can have deposits, withdrawals, etc. In an current account an amount can be deposited and withdrawn at any time without any notice needed.
Savings account is an account where your savings go and the current account is the one you’ll use for everyday
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