movementsshifts 150622081912-lva1-app6891

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Movements & Shifts of Demand Curve • A few quiz questions: – Show the shifts in the demand curve(s) for: Fast food as it is becoming unpopular with consumers. Chicken as the price of lamb increases. Steak sold at Ali’s Steakhouse as residents surrounding his restaurant has moved elsewhere. Bullets as prices of gun decreases.

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Page 1: Movementsshifts 150622081912-lva1-app6891

Movements & Shifts of Demand Curve

• A few quiz questions:– Show the shifts in the demand curve(s) for:• Fast food as it is becoming unpopular with

consumers.

• Chicken as the price of lamb increases.

• Steak sold at Ali’s Steakhouse as residents surrounding his restaurant has moved elsewhere.

• Bullets as prices of gun decreases.

Page 2: Movementsshifts 150622081912-lva1-app6891

Movements & Shifts of Demand Curve

• A few quiz questions:– Draw the shifts in demand curve(s) for:• Cheap/budget clothes when the income of city

dwellers have increased.

• Michael Jackson CDs as it is expected to sell out soon.

• Ogawa massage chairs as the income of Malaysian’s have increased.

• Diapers as the number of babies given birth this year is more than last year.