Visual 2.3

Determinants of Demand

(FACTORS THAT SHIFT THE DEMAND CURVE)

1. Change in consumer tastes

2. Change in the number of buyers

3. Change in consumer incomes

4. Change in the prices of complementary and substitute goods

5. Change in consumer expectations

Visual 1
Supply of and Demand for Greebes		 Visual 3
Determinants of Demand		 Visual 5
Determinants of Supply		 Visual 7
Shifts in Demand
and Supply		 Visual 9
A Price Ceiling
Visual 2
Changes in Demand
& Quantity Demanded
 Visual 4
Changes in Supply & Quantity Supplied		 Visual 6
Equilibrium		 Visual 8
Time and Elasticity
of Supply		 Visual 10
A Price Floor

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