1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Iteru [2.4K]
3 years ago
11

What will cause a change in the quantity demanded of a good

History
1 answer:
Allushta [10]3 years ago
8 0

Hello!

There are two primary different ways in which the demand for a good might change.

The first is if there were an increase in the price of a product/good. If the price were to increase, then less people would be able to afford the good. This would therefore lessen the demand for the good.

The second option is if the person's income were to change. If a person were to make $20 per day and he spent all $20 on four $5.00 cups of coffee, then he would no longer be able to afford four cups of coffee if his income changed to $15 per day. If his income changed to $15, then he would only be able to afford three cups of coffee at $5.00 each. Because the person could no longer purchase the same amount of coffee as he used to be able to, the demand for coffee would decrease.

I hope this helps you! Have a lovely day!

- Mal

You might be interested in
What are two areas of the American colonial economy that African slaves directly contributed to?
mojhsa [17]
Agriculture
construction projects
5 0
3 years ago
Read 2 more answers
What sub-group of these people settled in the southern coastal plain of canaan during the time of judges?
Rudik [331]
These were the philistines
5 0
3 years ago
What effect did the Revenue Act of 1926 have on Americans?
konstantin123 [22]
The Revenue Act of 1926 reduced income tax and eliminated public access to the federal tax return.
3 0
3 years ago
What did the successful overthrow of the Iranian government in 1979 signify? Question 9 options: all of these favorable trade co
Effectus [21]
<span>Increased Islamic extremism against the US and Western ideology in the Middle East.

At the center of this increased Islamic extremism was the Ayatollah Ruhollah Khomeini.  "Ayatollah" is the title for a Shiite Muslim religious leader.  The Shia branch of the Muslim faith is the dominant religious group in Iran.  The Islamic Revolution, inspired by Khomeini, ousted the shah of Iran from power.  The shah was a political leader who had been supported by the United States.</span>
4 0
3 years ago
Which reason best explains why this grievance was included in the Declaration?
Musya8 [376]
"for cutting off our trade with all parts of the world"
Trade focused on generating income for the crown only
5 0
3 years ago
Other questions:
  • Why did Ghandi view satygraha as a powerful “weapon” against injustice?
    6·1 answer
  • A civilization may start to form when people have control over which physical feature?
    12·2 answers
  • Why is Lenin important in history?
    14·1 answer
  • What eliminated slavery
    6·1 answer
  • Which action was unique about the 2008 presidential election?
    8·2 answers
  • what's the most likely cause of death's for an individual born in 1900 and an individual born in 2006
    7·1 answer
  • What are examples of a Theory 1. gravity 2. 1+1=2 3. evolution
    7·1 answer
  • 5. If you traveled from Europe to Africa across the Mediterranean Sea, in what direction would you be traveling?
    5·1 answer
  • 77.What was the name of the U.S. war between the North and the South?
    7·1 answer
  • What was the main reason for the tension in the United States during the Cuban Missile Crisis?
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!