QUESTION IMAGE
Question
which best describes a reason that consumer demand can change?
○ loss of income
○ loss of supply
○ distribution problems
○ market problems
Brief Explanations
Consumer demand is affected by income (a non - price determinant of demand). When consumers lose income, their purchasing power changes, so their demand for goods and services can change. Loss of supply, distribution problems, and general market problems are more related to supply - side factors or broader market issues rather than directly causing a change in consumer demand.
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A. loss of income