1. Determinants of Demand
FACTORS THAT SHIFT THE DEMAND CURVE
Change in consumer tastes
Change in the number of buyers
Change in consumer incomes
Change in the prices of complementary
and substitute goods
Change in consumer expectations
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2. Tax Incidence and Elasticity of Demand
The more inelastic the
demand for a good, the
more the incidence of an
excise tax can be shifted
to the consumer.
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3. A Price Ceiling AP Microeconomics Visual 2.11
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4. A Price Floor AP Microeconomics Visual 2.12
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5. Changes in Supply and Quantity Supplied
AP Microeconomics Visual Visual 2.3
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6. Determinants of Supply
FACTORS THAT SHIFT THE SUPPLY CURVE
Change in resource prices or input prices
Change in technology
Change in taxes and subsidies
Change in the prices of other goods
Change in producer expectations
Change in the number of suppliers
Any factor that increases the cost of production decreases supply.
Any factor that decreases the cost of production increases supply.
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7. Equilibrium AP Microeconomics Visual Visual 2.5
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8. Shifts in Demand and Supply
AP Microeconomics Visual Visual 2.6
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9. Qualities That Affect Elasticity of Demand
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10. Elasticity Coefficients
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11. Summarizing Price Elasticity of Demand
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12. Tax Incidence and Elasticity of Demand
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