Question

Which of the following will have no impact on the overall demand for ice cream? A change in population size A change in consumer incomes A change in consumer preferences A change in the price of ice cream​

Answer 1

The demand for a good depends on several factors, such as price of the good, perceived quality, advertising, income, confidence of consumers and changes in taste and fashion. We can look at either an individual demand curve or the total demand in the economy.