Directions: Answer the following questions using the Z-Shoe demand curve graph and what you have learned about demand. 1. If Z-Shoes cost $40, what would the demand be for them? 2. What does the law of demand state about a decrease in price? 3. Beside price, what are five factors that can change demand for Z-Shoes? 4. If people's income increases, what would most likely occur with the demand for Z-Shoes? a. Would an increase in people's income shift the demand curve for Z-Shoes to the right or left? 5. What would occur with demand for Z-shoes if people's taste changed and people preferred to wear sandals instead? a. Would this change in taste, cause the demand curve to shift to the right or left? 6. What might be a substitute good for Z-Shoes