Demand Change in Quantity Demanded Or Change in Demand???

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Presentation transcript:

Demand Change in Quantity Demanded Or Change in Demand???

Ex: You have just won the lottery! Change in Demand or Quantity Demanded: Change in Demand Shifts to left or right or movement on the curve? Shifts to the Right Determinant of Demand: Increase in income

The season changes from spring to summer. Change in Demand or Quantity Demanded: Shifts to left or right or movement on the curve? Determinant of Demand: Umbrellas

The price of coffee increases. Change in Demand or Quantity Demanded: Shifts to left or right or movement on the curve? Determinant of Demand: Tea

The price of gasoline decreases. Change in Demand or Quantity Demanded: Shifts to left or right or movement on the curve? Determinant of Demand: Gasoline

The price of detergent increases. Change in Demand or Quantity Demanded: Shifts to left or right or movement on the curve? Determinant of Demand:

The birth rate doubles. Change in Demand or Quantity Demanded: Shifts to left or right or movement on the curve? Determinant of Demand: Diapers

The price of peanut butter increases. Change in Demand or Quantity Demanded: Shifts to left or right or movement on the curve? Determinant of Demand: Grape Jelly

Baby boomers start to retire. Change in Demand or Quantity Demanded: Shifts to left or right or movement on the curve? Determinant of Demand: Cruises

Scientists determine fertilizers and pesticides cause health problems. Change in Demand or Quantity Demanded: Shifts to left or right or movement on the curve? Determinant of Demand: Lettuce

Government study shows many defects in new tires. Change in Demand or Quantity Demanded: Shifts to left or right or movement on the curve? Determinant of Demand: Tires

College entrance exams require higher reading comprehension scores. Change in Demand or Quantity Demanded: Shifts to left or right or movement on the curve? Determinant of Demand: Books

Frost kills Florida orange crop. Change in Demand or Quantity Demanded: Shifts to left or right or movement on the curve? Determinant of Demand: Orange Juice

New subdivision built near Majestic Theaters Change in Demand or Quantity Demanded: Shifts to left or right or movement on the curve? Determinant of Demand: Movie tickets

Scientists prove milk improves your life span. Change in Demand or Quantity Demanded: Shifts to left or right or movement on the curve? Determinant of Demand: Milk