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Sagot :
Due to the fact that demand contains different prices and different quantities, demand (the table or the graph) does not change when the price changes.
Why an increase in the price of a good does not change the demand for the good?
Demand is not determined by price, hence a change in price does not result in a change in demand. Ceteris paribus, the quantity demanded will shift, and the demand curve will move, if the price of new cars varies. A shift in the price of a good or service does not modify the demand curve; rather, it causes movement along a particular demand curve and often results in some change in the quantity sought. The left-hand graph lists potential demand-increasing circumstances.
Due to the fact that demand contains different prices and different quantities, demand (the table or the graph) does not change when the price changes. Demand does not determine how much we purchase. Note that the ceteris paribus premise is part of our definition of demand. Only the price and quantity desired vary when we create a demand curve.
To learn more about Demand curve refer to:
https://brainly.com/question/14663994
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