Examples - Market Demand Shift Left Flashcards
1
Q
Peloton bikes
A
The demand for Peloton bikes has fallen given bad reports of dangerous mechanical faults
- return to usual work schedules aftermath of Corona virus
- reducing the willingness of consumers to purchase exercise bikes
2
Q
Print newspapers
A
Demand for print newspapers has been on a downward trend for the past decade given cheaper substitutes online and new trends to access via social media
3
Q
Student housing
A
Student housing demand has reduced significantly given
- higher tuition fees
- Increases in the general cost of university education
- this has led to many students choosing universities closer to home where they can live with parents
