In trying to explain psychological phenomena, people cannot rely solely on their common sense because they tend to think they know more than they actually do. this error in thinking is referred to as

changes in factors like average income and preferences can cause an entire demand curve to shift right or left. this causes a higher or lower quantity to be demanded at a given price. demand curves relate the prices and quantities demanded assuming no other factors change. it is important for consumers to know this information, because it is crucial for them to know what they can afford and can't afford. i hope this .

answer; u.s senate;