What's More A. Identify how each of the following would change the demand (shift right, shift left, move along) Market Item 1. Oranges A new diet consisting of eating six oranges a day becomes the latest diet fad. 2. Cars Consumers' income rises. 3. Cars The price of gasoline doubles. 4. Gym memberships The price of personal exercise equipment increases. 5. Shoes The number of shoe manufacturers increases. 6. Arthritis medication The number of elderly citizens increases. B. Identify how each factor will shift the supply curve: right, left, or move along. Market Change 1. Computers Price of memory chips decreases 2. Airline Tickets Government imposes a new jet fuel tax. 3. Milk Demand for milk increases. 4. Homes Potential sellers expect home prices to decline in six months. 5. Cars A new engine design reduces the cost of producing cars. 6. Corn The price of wheat (a substitute in production increases in price). 7. Oranges A freeze in Florida kills 25% of the orange crop