please help for my economics class

h web.kamihq.com con 1st Hour (2nd Semester) 1st Hour Gwyneth Gadbury - [Template] Current Event Template - Google Docs Millar Econ 1s... Gwyneth Gadbury - Demand Curve Practice.pdf Economics (Chapter 4) DEMAND PRACTICE in Graphs In each of questions 1-12, an event has occurred that will affect the demand or quantity demanded for a good. First identify the factor that caused the change and then accurately graph the change in demand or quantity demanded for the good. To illustrate a change in demand (also called a shift in the demand curve), draw a parallel line to the right or left of the original line plus an arrow from the first line to the second line to indicate the direction of the shift. To illustrate a change in the quantity demanded (also called a movement along the demand curve), indicate a point on the demand curve and draw an arrow pointing up or down the curve based on whether quantity demanded is increasing or decreasing. 1. The new Star Wars movie 2. Gas prices have risen to new 3. The price of beef is expected to increases interest in the toys. high levels. rise next week. Price Price Price 0 Quantity Demanded Quantity Demanded Quantity Demanded Star Wars Toys Hybrid Cars with High Miles Current Demand for Steak per Gallon Circle which factor caused the change in Circle which factor caused the change in Circle which factor caused the change in demand or change in quantity demanded: demand or change in quantity demanded: demand or change in quantity demanded: Income Number of Buyers Income Number of Buyers Income Number of Buyers Preferences Future Price Preferences Future Price Preferences Future Price Price of Related Goods - Substitutes Price of Related Goods - Substitutes Price of Related Goods - Substitutes Price of Related Goods - Complements Price of Related Goods - Complements Price of Related Goods - Complements Price Change Price Change Price Change 4. The price of hot dogs rises. 5. The first snowstorm of the 6. The price of orange juice rises. season occurs. Price Price Price MacBook Pro K