300 250 200 150 100 D2 Do D1 1 2 3 5 6 4 a. What causes the demand curve to shift? Create a situation in whicha non-price factor can influence the shifting of our demand curve either to left or to the right. b.

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter4: Labor And Financial Markets
Section: Chapter Questions
Problem 12SCQ: Select the correct answer. A price ceiling will usually shift: demand supply both neither
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300
250
200
150
100
D2
Do
D1
1
2 3
4
5 6
a.
What causes the demand curve to shift?
b.
Create a situation in which a non-price factor
can influence the shifting of our demand curve
either to left or to the right.
Transcribed Image Text:300 250 200 150 100 D2 Do D1 1 2 3 4 5 6 a. What causes the demand curve to shift? b. Create a situation in which a non-price factor can influence the shifting of our demand curve either to left or to the right.
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