Ask Question
BusinessBusiness
2 November, 05:20

What could cause a shift in the demand curve

+5
Answers (2)
  1. 2 November, 05:33
    0
    income, trends and tastes, prices of related goods, expectations as well as the size and composition of the population.
  2. 2 November, 05:45
    0
    Answer: There are five significant factors that cause a shift in the demand curve: income, trends and tastes, prices of related goods, expectations as well as the size and composition of the population.

    Explanation:

    The Two Types of Demand Curves

    If demand is perfectly elastic, the curve looks like a horizontal flat line. Inelastic demand is when a price decrease won't increase the quantities purchased. An example of this is bananas. No matter how cheap they are, there's only so many you can eat before they spoil.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “What could cause a shift in the demand curve ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
A vintner is deciding when to release a vintage of sauvignon blanc. If it is bottled and released now, the wine will be worth $ 2.6 million.
Answers (1)
Nicholas needs to decide between buying a new home gym for $1,800 or being able to go on a Florida vacation for $1,000 and still having enough left over to buy a new set of free weights for $800.
Answers (1)
Your textbook authors describe a treatment plan for one of the somatic symptom and related disorders that includes efforts to reduce any reinforcing or supportive consequences of the illness's symptoms.
Answers (1)
Swifty Company had net credit sales during the year of $1450000 and cost of goods sold of $700000. The balance in accounts receivable at the beginning of the year was $200000, and the end of the year it was $90000.
Answers (1)
Through informal talks with employees, managers realized employees thought their plant would close, resulting in massive layoffs. a few were already seeking other employment.
Answers (1)
New Questions in Business
Laura owns 6,700 shares of GP Global stock worth $92,460. The firm has 15,000 shares outstanding. Each share is entitled to one vote under the straight voting policy of the firm.
Answers (1)
Vaughn Company exchanged equipment used in its manufacturing operations plus $4,020 in cash for similar equipment used in the operations of Bramble Company. The following information pertains to the exchange. Vaughn Co. Bramble Co.
Answers (1)
You hike uphill at a rate of 200 feet per minute. Your friend hikes downhill on the same trail at a rate of 250 feet per minute. How long will it be until you meet? The friend at the bottom is starting at 100 feet and hiking up.
Answers (1)
A person who offers law-related advice without the appropriate licensing is commuting
Answers (1)
What would the production components be for the input, conversion and output for opening a summer band camp?
Answers (1)
Home » Business » What could cause a shift in the demand curve
Sign Up Forgot Password?