Main content
Course: AP??/College Macroeconomics?>?Unit 1
Lesson 4: Demand- Law of demand
- Price of related products and demand
- Change in expected future prices and demand
- Changes in income, population, or preferences
- Normal and inferior goods
- Change in demand versus change in quantity demanded
- Lesson summary: Demand and the determinants of demand
- Demand
? 2024 Khan AcademyTerms of usePrivacy PolicyCookie Notice
Demand
Problem
Economists have observed that when average incomes increase, purchases of fast food tends to decline.
Based on this information, what can we definitely say about fast food?
Related content