1. 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

2. 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