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Name: _________________________ Date: ________________ Period: _______ Changes in Demand Directions: Make the appropriate change to the graph to illustrate the situation Demand for all goods Demand for beef P Qd D1 You get a raise at work so your income goes up. A P Qd D1 The price of beef goes up. A Demand for Pepsi Demand for CDs P Qd D1 You decide that you are tired of drinking Pepsi A P Qd D1 You expect that a new i-pod will mean you won’t be buying CDs anymore A Demand for i-pods Demand for Grain P Qd D1 The price i-pods goes down A P Qd D1 A drought makes the price of grain go up A

Demand for DVDs Demand for cars P Qd D1 How does the demand for DVDs change when the price of players goes down? A P Qd D1 The price of cars goes down. A Demand for Shirts Demand for chicken P Qd D1 A store is having a sale and their shirts are 20% off A P Qd D1 How does the demand for chicken change if the price of beef goes down? A