Draw me a Demand Curve

Draw a change in consumer preference from petrol cars to electric cars

Answer explanation

A change in consumer taste or preference will make a shift in demand for example the consumer preference for electric cars will increase demand for electric cars (a shift to the right) and a decrease in demand for petrol cars (a shift to the left)

Draw a demand curve showing the increase of income for consumer choice of cars

Answer explanation

An increase in income means consumers are able to afford more goods or more expensive goods hence the increase in demand and a shift to the right.

Draw a demand curve that shows price change of staplers from $8 to $10

Answer explanation

The Law of Demand states that as price increases (P1-P2), quantity demanded (Q1-Q2) decreases and vice versa and with all other factors remaining the same (ceteris paribus).

Draw a change in the demand curve that shows the price increase of substitues of Croc shoes over Jandals

Draw demand curve that shows the price increase of Mince pies from $6 to $10

Draw a demand curve showing the price decrease of nail polish remover AND the demand curve for nail polish

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