What factors influence the shift of a demand curve?

Well, the demand curve can either shift left or rightA shift of the curve would be infleunced by a non price factor which would lead to a increase or decrease in demand.Non price factors include :(Change in)WeatherTaste IncomeEconomic stability Price of substite goods.

TD

Related Economics IB answers

All answers ▸

What are the effects of price controls such as a maximum price (price ceiling)


Discuss the consequences of imposing an indirect tax on a demerit good (unhealthy food)


Distinguish between direct and indirect tax.


What is a negative externality and how can you address them?