No Bull Economics Lessons

Macroeconomics & Microeconomics Concepts You Must Know

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What are the shift factors of demand?

Posted on April 14, 2014 at 5:00 PM

The demand curve will shift if there is a change in the determinants of demand. Here are the shift factors of demand:

1. Tastes and preferences

2. Income of buyers

3. Number of buyers

4. Expectations of prices in the future

5. Substitute good prices

6. Complementary good price

Watch the No Bull Review video below for more information on shifting demand:

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AP Macroeconomics / AP Microecnomics Unit 1 Basic Economic Concepts

Categories: AP Macroeconomics, Macro Unit 1 Basic Economic Concepts, Micro Unit 1 Basic Economic Concepts

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