4. There are five main factors that shift the demand curve: ???? A change in the prices...

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4. There are five main factors that shift the demand curve:

???? A change in the prices of related goods, such as substitutes or complements

???? A change in income: when income rises, the demand for normal goods increases and the demand for inferior goods decreases

???? A change in tastes

???? A change in expectations

???? A change in the number of consumers

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Krugmans Economics For AP

ISBN: 9781464122187

2nd Edition

Authors: Margaret Ray, David Anderson

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