What do economics call a situation in which consumers buy a different quantity than they did before, at every price?

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asked Aug 10, 2020 223k views

2 Answers

Daegalus · Answer 1 · 2020-08-12T22:37:58+0000

Economists call a situation in which consumers buy a different quantity than they did before, at every price A CHANGE IN DEMAND.

Aftnix · Answer 2 · 2020-08-17T09:35:52+0000

Answer: A change in demand

Explanation:

A change in demand refers to when there is a change in the total demand in the market. The market can either shift the entire demand curve upward or downward. The market can change its preferences for a good or service and can either increase or decrease the total demand for that good or service.

What do economics call a situation in which consumers buy a different quantity than they did before, at every price?

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