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16 June, 10:43

What could cause a shift in the demand curve

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  1. 16 June, 10:49
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    Answer: There are five significant factors that cause a shift in the demand curve: income, trends and tastes, prices of related goods, expectations as well as the size and composition of the population.

    Explanation:

    The Two Types of Demand Curves

    If demand is perfectly elastic, the curve looks like a horizontal flat line. Inelastic demand is when a price decrease won't increase the quantities purchased. An example of this is bananas. No matter how cheap they are, there's only so many you can eat before they spoil.
  2. 16 June, 14:11
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    income, trends and tastes, prices of related goods, expectations as well as the size and composition of the population.
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