1. Movements & Shifts
of Demand Curve
• A few quiz questions:
– Show the shifts in the demand curve(s) for:
• Fast food as it is becoming unpopular with
consumers.
• Chicken as the price of lamb increases.
• Steak sold at Ali’s Steakhouse as residents
surrounding his restaurant has moved elsewhere.
• Bullets as prices of gun decreases.
2. Movements & Shifts
of Demand Curve
• A few quiz questions:
– Draw the shifts in demand curve(s) for:
• Cheap/budget clothes when the income of city
dwellers have increased.
• Michael Jackson CDs as it is expected to sell out
soon.
• Ogawa massage chairs as the income of
Malaysian’s have increased.
• Diapers as the number of babies given birth this
year is more than last year.