Trend or Fashion

 

If it becomes fashionable to consume a product, more will be demanded at each price and the demand curve will shift to the right.

 

However, if a product goes out of fashion, less will be demanded at each price and the demand curve will shift to the left.

 

 

 

 

8: What will happen to the demand curve for fairy lights in:

 

a) December

 

There will be a movement along the demand curve

The demand curve will shift to the right and more will be demanded at each price

The demand curve will shift to the left and less will be demanded at each price


 

 

b) January

 

There will be a movement along the demand curve

The demand curve will shift to the right and more will be demanded at each price

The demand curve will shift to the left and less will be demanded at each price