1. Shifts of the Demand Curve Price = $3 Quantity = 6 lbs. Changes in Income

2. Shifts of the Demand Curve What happens when income increases?

3. Shifts of the Demand Curve What happens when income increases?

4. Shifts of the Demand Curve What happens when income increases?

5. Shifts of the Demand Curve What happens when income increases?

6. Shifts of the Demand Curve What happens when income increases?

7. Shifts of the Demand Curve What happens when income increases?

8. Shifts of the Demand Curve What happens when income increases?

9. Shifts of the Demand Curve What happens when income increases?

10. Shifts of the Demand Curve What happens when income increases?

11. Shifts of the Demand Curve What happens when income increases? At the same price as before, we demand more coffee!

12. Shifts of the Demand Curve Price = $3 Quantity = 10 lbs. Now, let’s see what happens when the population shrinks. Changes in Population

13. Shifts of the Demand Curve Now, let’s see what happens when the population shrinks. Changes in Population

14. Shifts of the Demand Curve Now, let’s see what happens when the population shrinks. Changes in Population

15. Shifts of the Demand Curve Now, let’s see what happens when the population shrinks. Changes in Population

16. Shifts of the Demand Curve Now, let’s see what happens when the population shrinks. Changes in Population

17. Shifts of the Demand Curve Now, let’s see what happens when the population shrinks. Changes in Population

18. Shifts of the Demand Curve Now, let’s see what happens when the population shrinks. Changes in Population

19. Shifts of the Demand Curve Now, let’s see what happens when the population shrinks. Changes in Population

20. Shifts of the Demand Curve Now, let’s see what happens when the population shrinks. Changes in Population

21. Shifts of the Demand Curve The market demands less coffee at the same price! Changes in Population

22. Shifts of the Demand Curve Price = $3 Quantity = 6 lbs. Now let’s see what happens when advertising increases Changes in Advertising

23. Shifts of the Demand Curve Now let’s see what happens when advertising increases Changes in Advertising

24. Shifts of the Demand Curve Now let’s see what happens when advertising increases Changes in Advertising

25. Shifts of the Demand Curve Now let’s see what happens when advertising increases Changes in Advertising

26. Shifts of the Demand Curve Now let’s see what happens when advertising increases Changes in Advertising

27. Shifts of the Demand Curve Now let’s see what happens when advertising increases Changes in Advertising

28. Shifts of the Demand Curve The market demands more coffee at the same price! Changes in Advertising

29. Shifts of the Demand Curve Now, what happens to the demand curve when the price of coffee increases? Changes in Advertising

30. Shifts of the Demand Curve Now, what happens to the demand curve when the price of coffee increases? Changes in Advertising

31. Shifts of the Demand Curve Now, what happens to the demand curve when the price of coffee increases? Changes in Advertising

32. Shifts of the Demand Curve Now, what happens to the demand curve when the price of coffee increases? Changes in Advertising

33. Shifts of the Demand Curve Now, what happens to the demand curve when the price of coffee increases? Changes in Advertising

34. Shifts of the Demand Curve Now, what happens to the demand curve when the price of coffee increases? Changes in Advertising

35. Shifts of the Demand Curve Now, what happens to the demand curve when the price of coffee increases? Changes in Advertising

36. Shifts of the Demand Curve Now, what happens to the demand curve when the price of coffee increases? Changes in Advertising

37. Shifts of the Demand Curve Now, what happens to the demand curve when the price of coffee increases? Changes in Advertising

38. Shifts of the Demand Curve Now, what happens to the demand curve when the price of coffee increases? Changes in Advertising

39. Shifts of the Demand Curve Nothing! Changes in price do NOT shift the demand curve Changes in Advertising