Movement along the demand curve
Caused by a change in the good's own price. Click a price level on the curve.
Price
—
Quantity demanded
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Click a point on the blue demand curve to trace the movement.
Shift of the demand curve
Why is it shifting?No non-price determinant has changed — demand stays at D.
Non-price determinants of demand
- Consumer income
- Tastes & preferences
- Price of substitutes
- Price of complements
- Expectations of future prices
- Number of buyers in the market