Changes

'''Shift in demand''' is a term of [[Economics]] describing change in the location or shape of the [[demand curve]]. The shift is due to a change in something other than [[price]], because a change in price simply causes a movement along the curve.  A shift in demand may result in a different quantity demanded at a given price.

'''Shift in demand''' is a term of [[Economics]] describing change in the location or shape of the [[demand curve]]. The shift is due to a change in something other than [[price]], because a change in price simply causes a movement along the curve.  A shift in demand may result in a different quantity demanded at a given price.

Examples of factors that could cause a shift in demand are a change in the price of a [[substitute good|substitute]] or [[compementary good|complementary]] good, a change in preferences, or a change in income or wealth.

Examples of factors that could cause a shift in demand are a change in the price of a [[substitute good|substitute]] or [[complementary goods|complementary]] good, a change in preferences, or a change in income or wealth.

[[Category:Economics terms]]

[[Category:Economics terms]]