Drag each event to the correct location on the chart.

2 answers:

8 0

<u>Demand for goods and services in an economy is affected by consumer preferences and / or price of products. The exercise deals only with the increase or decrease in demand due to preferences. </u>

Preferences are based on tastes, conventions and information about the consumption of products. If a preference increases consumption, the demand curve shifts to the right. (type 2). If preferences decrease demand, the demand curve shifts to the left (type 1).

Non-price determinant causing the demand to decrease

more people embreance an oil free diet

Non-price determinant causing the demand to increase

more people use oil for skin and hair care

doctor recommend the use of saffower seed oil

new reports about benefits

velikii [3]4 years ago

6 0

Answer:

Decrease

-A factory in the neighborhood closes, causing many people to lose their jobs.

-Prices of used cars in good condition drop.

Increase

-Gas prices fall.

-People move into the area.

Explanation:

PLATO ANSWER!

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