Which of the following factors is included in PASIFIC that can shift the demand curve?

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Study for the GCSE Economics Exam with comprehensive flashcards and multiple choice questions. Each question includes hints and detailed explanations. Prepare thoroughly for your exam!

The correct choice is population, as it is a critical factor that can shift the demand curve. When the population increases, there are more consumers in the market, which typically leads to an increase in demand for various goods and services. This increased demand can shift the demand curve to the right, indicating that at each price level, a higher quantity of the good or service is desired by consumers.

In contrast, while federal regulations, environmental concerns, and market monopolies can influence economic conditions, they do not directly pertain to population shifts. Federal regulations may affect how businesses operate or the costs of production, which could hinder or enhance demand but are not a population-based factor. Environmental concerns can impact consumer preferences and demand for certain products, but they do not represent a change in the overall number of consumers. Market monopolies might limit choices and adjust pricing, influencing demand indirectly, but they also do not reflect shifts in population directly. Therefore, population is distinctly linked to shifts in demand due to changes in the number of potential buyers in a market.

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