supply demand

Shifts of the Demand Curve

Price = $3

Quantity = 6 lbs.

Changes in Income

Shifts of the Demand Curve

What happens when income increases?

Shifts of the Demand Curve

What happens when income increases?

Shifts of the Demand Curve

What happens when income increases?

Shifts of the Demand Curve

What happens when income increases?

Shifts of the Demand Curve

What happens when income increases?

Shifts of the Demand Curve

What happens when income increases?

Shifts of the Demand Curve

What happens when income increases?

Shifts of the Demand Curve

What happens when income increases?

Shifts of the Demand Curve

What happens when income increases?

Shifts of the Demand Curve

What happens when income increases?

At the same price as before, we demand more coffee!

Shifts of the Demand Curve

Price = $3

Quantity = 10 lbs.

Now, let’s see what happens when the population shrinks.

Changes in Population

Shifts of the Demand Curve

Now, let’s see what happens when the population shrinks.

Changes in Population

Shifts of the Demand Curve

Now, let’s see what happens when the population shrinks.

Changes in Population

Shifts of the Demand Curve

Now, let’s see what happens when the population shrinks.

Changes in Population

Shifts of the Demand Curve

Now, let’s see what happens when the population shrinks.

Changes in Population

Shifts of the Demand Curve

Now, let’s see what happens when the population shrinks.

Changes in Population

Shifts of the Demand Curve

Now, let’s see what happens when the population shrinks.

Changes in Population

Shifts of the Demand Curve

Now, let’s see what happens when the population shrinks.

Changes in Population

Shifts of the Demand Curve

Now, let’s see what happens when the population shrinks.

Changes in Population

Shifts of the Demand Curve

The market demands less coffee at the same price!

Changes in Population

Shifts of the Demand Curve

Price = $3

Quantity = 6 lbs.

Now let’s see what happens when advertising increases

Changes in Advertising

Shifts of the Demand Curve

Now let’s see what happens when advertising increases

Changes in Advertising

Shifts of the Demand Curve

Now let’s see what happens when advertising increases

Changes in Advertising

Shifts of the Demand Curve

Now let’s see what happens when advertising increases

Changes in Advertising

Shifts of the Demand Curve

Now let’s see what happens when advertising increases

Changes in Advertising

Shifts of the Demand Curve

Now let’s see what happens when advertising increases

Changes in Advertising

Shifts of the Demand Curve

The market demands more coffee at the same price!

Changes in Advertising

Shifts of the Demand Curve

Now, what happens to the demand curve when the price of coffee increases?

Changes in Advertising

Shifts of the Demand Curve

Now, what happens to the demand curve when the price of coffee increases?

Changes in Advertising

Shifts of the Demand Curve

Now, what happens to the demand curve when the price of coffee increases?

Changes in Advertising

Shifts of the Demand Curve

Now, what happens to the demand curve when the price of coffee increases?

Changes in Advertising

Shifts of the Demand Curve

Now, what happens to the demand curve when the price of coffee increases?

Changes in Advertising

Shifts of the Demand Curve

Now, what happens to the demand curve when the price of coffee increases?

Changes in Advertising

Shifts of the Demand Curve

Now, what happens to the demand curve when the price of coffee increases?

Changes in Advertising

Shifts of the Demand Curve

Now, what happens to the demand curve when the price of coffee increases?

Changes in Advertising

Shifts of the Demand Curve

Now, what happens to the demand curve when the price of coffee increases?

Changes in Advertising

Shifts of the Demand Curve

Now, what happens to the demand curve when the price of coffee increases?

Changes in Advertising

Shifts of the Demand Curve

Nothing! Changes in price do NOT shift the demand curve

Changes in Advertising