Discuss the factors causing the demand for the iPhone to shift to the right.

Section 1 is definitions - define demand - the quantity of a good/service consumers are willing/able to buy at any price/timeSection 2 - Draw Diagram Section 3 - Analyse factors causing the shift - while applying to the question! Section 4 Analyse which factor is the most likely.
Possible factors - Fashions and Trends, Price increase of a substitute good, decrease in price of complements like chargers and apps

LY
Answered by Luke Y. Economics tutor

2045 Views

See similar Economics GCSE tutors

Related Economics GCSE answers

All answers ▸

How does the exchange rate mechanism affect aggregate demand in the UK?


What's the difference between a normal good and a inferior good?


What is an opportunity cost?


Analyse the impact that an increase in interest rates would have on employment in the UK.


We're here to help

contact us iconContact ustelephone icon+44 (0) 203 773 6020
Facebook logoInstagram logoLinkedIn logo

© MyTutorWeb Ltd 2013–2025

Terms & Conditions|Privacy Policy
Cookie Preferences