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The Causes For A Shift In A Demand Curve

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1.

INCOME

  • Normal Goods- Someone gets a raise and is in need of a new automobile; they have been saving for a while now. So they got a brand new car.
  • Due to their increase in income their demand for a brand new car goes up.
Photo by Tom Wolf | Photography
2.

INCOME

  • Inferior Goods- Unfortunately someone got an unexpected pay cut and is now making half the money they did before. They would get a used car due to their money running low.
  • Due to their reduced income their demand for a used car will go up.
Photo by Haags Uitburo
3.

CONSUMER EXPECTATIONS

  • Scientists predicted that there would be illness caused by new pesticides on the strawberry crops.
  • We can assume that less consumers purchased them. The demand for strawberries will go down.
Photo by quimby
4.

CONSUMER EXPECTATIONS

  • When the new Iphone came out everyone expected a great product because it was Apple.
  • The demand for their devices sky-rocketed because of everyone's expectations.
Photo by Luke,Ma
5.

POPULATION

  • As the cold weather arrives the demand for swim suits decreases.
  • The population of swimmers at the beach went down so there was less of a demand for swim suits.
Photo by Stuck in Customs
6.

POPULATION

  • As the fall season approached the demand for soccer balls went up.
  • The population of soccer players increases with the fall season and so does the demand for soccer balls.
Photo by Socceraholic
7.

ADVERTISING

  • The new Ford F-150 came out and customers are loving it due to all the cool features that were advertised on TV.
  • The demand for a Ford F-150 goes up because it has so many cool features and the customers love it.
Photo by Thiophene_Guy
8.

ADVERTISING

  • The new IPhone 7 is coming out soon. Due to its futuristic style it doesn't feature a earbud input.
  • The demand for the IPhone 7 decreases due to no earbud input.
Photo by 5oulscape
9.

PRICE OF RELATED GOODS

  • Cider is on sale at the local grocery store.
  • With the discount on cider, the demand on cider and donuts goes up.
  • Cider and Donuts are complimentary products.
Photo by Sizbut
10.

PRICES OF RELATED GOODS

  • Nike came out with new basketball shoes and everyone is loving them.
  • Since the demand on Nike went up the demand on Adidas went down.
  • Adidas and Nike are both shoe companies, with the success of one company we can assume that the sales of the other went down; they have an inverse relationship.
Photo by DioBurto

Nolan Compton