Question

Cutting back on money spent on a hobby because a fast food worker is getting fewer hours at work is an example of _____ affecting a change in demand.

revenue

interest

income

Answer 1

Cutting back on money spent on a hobby due to a fast food worker getting fewer hours at work is an example of **income** affecting a change in demand. When income decreases, people typically have less money to spend on discretionary items, such as hobby-related expenses.