Which best describes a reason that consumer demand can change?

loss of income
loss of supply
distribution problems
market problems


Sagot :

Answer:

loss of income

Explanation:

A reason that describes why a consumer's demand can change is a loss of income.

What is a change in demand?

A change in demand occurs as a result of factors that cause a shift of the demand curve. Such factors include:

  • A change in income: all things being equal, demand would decrease when there is a loss of income and increase when there is an increase in income.
  • A change in taste: when there is a change in taste in favour of a good, the demand for the good increases. If this is not the case, the demand for the good declines.

For more information about the change in demand, please check: https://brainly.com/question/25871620