First let me say that the above people are idiots. If you don't know don't talk.
Price does not change demand
what does is:
taste
expectations about future prices
prices of substitutes
prices of complements
income
number of consumers
Price changes quantity demanded
Supply does not change demand. Changes in supply might change quantity demanded but not demand. You guys don't know what you are talking about
Price effect and income effect have to do with the slope of the demand curve. I won't get into what they mean but it is not a shift or change in demand. Again it is about price and quantity demanded.
2006-12-14 15:49:30
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answer #1
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answered by uncle frosty 4
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You caught the first point. Everything you do or think is bad. Everything anyone else does or thinks is worse. The next point is, the government needs to make all your decisions for you. Letting them control fertility is a great step in that direction. Of course, wars help, too, but not lame wars like Iraq. 3000 dead in 8 years. Not even worth mentioning. We need wars like WW2, where Germany lost 20 million, and Russia lost 30 million, where on one day (D Day) we had 80,000 casualties. Wars where someone actually gets hurt. If we go with a few of those, don't you think everything will be OK? Or was that the goal in the beginning? Are we being tricked into slavery or death?
2016-04-01 08:02:43
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answer #2
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answered by Anonymous
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1. Supply
2. Change in taste and preference
3. Prices
4. Unsocial conditions. ie. war or diseases
5. Monopoly
6. Populations
2006-12-14 16:29:11
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answer #3
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answered by maggotier 4
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one is the price, if it's low enough the demand will go up, to high and the demand will go down. other than that i don't remember.
2006-12-14 11:04:53
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answer #4
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answered by Ann B 2
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Price-up or down can change demand
Supply-up or down can change demand
Substitution
income/inflation
change in taste
Politic
2006-12-14 15:23:54
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answer #5
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answered by tictac 1
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There are no six there are only two, income and cost effects.
Source:Managerial and Welfare Economics:Baumol.
2006-12-15 04:16:38
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answer #6
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answered by Mathew C 5
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