Demand Curve Shift

Supply Constant

Increase in Income (and the good

▼
Consumers spend more of their higher incom
▼
Demand curve shifts rightwar
▼
Price

10
9.5
9
8.5
8
7.5
Price

7
6.5
6
5.5
5
4.5
4
3.5
3
2.5
2
1.5
1
0 10 20 30 40 50 60 70 80
d Curve Shifts
ly Constant

(and the good is normal)

▼
f their higher income on the good.
▼
rve shifts rightward.
▼
Quantity

Demand
Supply
Shifted Demand

70 80 90 100
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and Curve template.
e everything except the selected event is held constant.

urve template.

late will be created automatically.

on your website.

29325f1f-ee96-4306-9c8b-12de2e90eb56
Arrows
↓
↑
─
Shift to R
Shift Increment 40
Supply Constant Table
No Event … 0
Increase in the Price of a Substitute
Consumers
Good buy less of the substitute 40
good and more of this g
Increase in the Price of a Complementary
ConsumersGood buy less of the complementary
-40 good and less of
Increase in Income (and the goodConsumers
is normal)spend more of their higher40income on the good.
Increase in Income (and the goodConsumers
is inferior)
spend less of their higher
-40
income on the good.
Increase in the Taste for the Good
Consumers are willing to buy a larger40 quantity of the good at
Increase in Population Additional consumers result in a greater40 quantity demanded
Increase in the Expected Price of
Consumers
the Good buyin the
more
Future
of the good today
40 to avoid the higher p

CHART DATA
Price Demand Shifted Supply
1 135 175 55
2 125 165 65
3 115 155 75
4 105 145 85
5 95 135 95
6 85 125 105
7 75 115 115
8 65 105 125
9 55 95 135
10 45 85 145

First Intersection
95 5
Second Intersection
115 7
Shift Line
80 10
50 10
Arrow part 1
80 10
75 10.5
Arrow part 2
80 10
75 9.5
Increment
first second
45 0 0
10 0 0
10 0 0
10 0 0
10 5 0
10 0 0
10 0 7
10 0 0
10 0 0
10 0 0
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