A leftward shift of a demand curve is called a decrease in demand.
It is a graphical representation that shows the relationship that exists between the price of a good or service and the quantity that is demanded at a given period of time.
When there is a decrease in demand, it is an indication of an increase in the price of such a good commodity. Hence the higher the price the lower the quantity that will be demanded.
Therefore, A leftward shift of a demand curve is called a decrease in demand.
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