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During Zany TAylos's Sucenfos Compaign, a Popuden Panfonmance Glown invited Taylo n Shem fom the (Bug U.S. de goin Wis Gincn bandtocgon + Thyjlon received & Significant amount of — renown qwive at a Goncluaion primarily ¢ é t f f t & f f F yyjo the law oF clemand » as Ane Porice of ice of g pero" genet Tneneases i16 buye Aecoreases on 8 the gay . nice decoreaseh, she consumplion of Ahad good akecerzase ‘Increase ’ ane Ae MANY AiPSeorend Scenanios thot do nol Cy ‘ Comply but 4 poreh the [a2 of demand ancl affect what and how re h ud people will Gorsumes One of these is the * bandwag, on fasvion SF head effec! the fashion ox effect ", ine whch Ane demanol fr O-2hs0eh incoeaxe pend effect » in a other People bees ie rn Vffecl thal clistounoges an individual The Snob effect iS 4 ay The Comumetion dlemonh fon & foe brying Ahod gocel sid incacases + Sin? Amat Good 4 available 4 eveapac q tai © of Bandwagon effect £ Snob effect» g ee Exam p P Os Og W 20 90 = pore se a festen@ued) pe — Sheeperr (Snob) ade Demanel Function when we venea of alemone! in Quality * D=F (4% Py 2,7, EV) whene > Mcome De=Paree Of own good Dy = Dice af Sutsiteele goods H epatce Comolment Hor, Syamele =) Adenamen} 4 Dermand Scholle if FL ts a dedwlan Poedentation Paice S Demanch Pyrice erred leo do 9" oe Ye ae : $0 a5 te ao 23 & be 3) e ad “ we Atag A Bp H Demanch Cue Claakicit+ Ravetinouot Dr wncanynes of NesPoraivencss of Aensitivity | € = 4 Charge tn ¥ ehoinge tn Y S45 A 1 H oy B So % 32 A Se Pl eS 4160 1 KAR ye ° a= Xaeh 8 H238 wis AG X 160 Dx Xe Oty oy. ay % Y 1 Claricity, ja abwoays uniless + ak Income Slasicity of Demand. > AQ,D “eT ~@ ms ) & On O8 Ge OD 5p fo 20 a AO im 1B 85 YO US CA = 1%-20 Ss Ws-80_ S50 2 2 xs : imsso. 2° ee SR = od Negative Sofedin . Cg = 46-95

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