factor of shift DEMAND Flashcards by Gia Bao Ngo | Brainscape

Q

Income

A

INCREASE income __ INCREASE demand
DECREAE income __ DECREASE demand
-> normal goods (if 1 > YED > 0)

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Q

Price + availability of a product

A

price of substitutes
price of complements

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Q

fashion / taste / attitudes

A

-> each customer has their own like and dislike

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