Opt 4 eco starter 11 the oct

As people’s tastes change in favor of a good, or due to an effective advertising, demand increases

• Demand curve shifts to the right

• Demand curve shifts to the left

• none

As people’s tastes change against a good, or a good loses popularity, demand decreases.         

• Demand curve shift to right

• Demand curve shift to left

• none

If two goods are SUBSTITUTES, when the price of Good A increases, demand for Good B increases

• Demand curve of product B will shift to right

• Demand curve of product B will shift to left

• none

If two goods are SUBSTITUTES, when the price of Good A decreases, demand for Good B decreases.

• Demand curve for good B shift to left

• Demand curve for good B shift to right

• None

Movement along the demand curve when quantity demanded changes due

• Changes in price

• Changes in other factors influencing demand

• None

With an increase in quantity demanded:

• 
  • there has been a movement from one point on the demand curve to another point on the same demand curve

• there is change in fashion so people are demanding more

• Increase in advertising campaign

• Increase in population

With an increase in demand:

• the demand curve shifts to the left at every possible price, a greater quantity is demanded.

• • the demand curve shifts to the right at every possible price, a greater quantity is demanded.

• None

An increase in demand might be caused by:

• • a decrease in the number of consumers.
  • an decrease in consumers' income

• • an increase in the number of consumers.
  • an increase in consumers' income

• None