Managerial Economicsbasic
A change in consumer tastes can shift the demand curve.
Answer
true
Explanation
### Why this is right
Tastes are a demand determinant. If consumers become more interested in a product, they may demand more at each price, shifting the demand curve.
### The concept
A demand shift changes the quantities consumers want at different prices. That differs from a movement along the curve, which follows a change in the product’s own price. A fashion trend can even raise demand while the product’s price rises, because taste changes influence demand separately from price.
### Remember
Changes in tastes shift demand rather than causing movement along the curve.
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