23
QuizMultiple Choice

The Law of Demand

Question 23 • RAIL NCAA OC Economics 2027

Which best describes a reason that consumer demand can change?

Answer
A
loss of income
B
loss of supply
C
distribution problems
D
market problems

Explanation

A loss of income can reduce how much money consumers have available to spend. When consumers can afford fewer goods and services, their demand for them may decrease, so “loss of income” is the best choice.

AI-written and checked against the verified answer.

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