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DEMAND. (DEMAND.
Demand is the quantity of a product that consumers are…
DEMAND.
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DEMAND CURVE
A Demand Curve is the relationship between demand and price at any given time can be shown on this graph. 
LAW OF DEMAND
The ' Law Of Demand ' states that as the price of goods and services increases , the quantity demanded will decrease and vice virsa .
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If the ' Demand Curve ' shifts to the left , demand has decreased.
If the ' Demand Curve ' shifts to the right , demand has increased.
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FASHION
If a product is in fashion , demand will increase and the demand curve will shift to the right
If a product is out of fashion , demand will decrease and the demand curve will shift left
POPULATION.
If the population increases , demand will increase and the demand curve will shift right .
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INCOME.
If the average income for household falls , demand will decrease and the demand curve will shift left.
If the average income for household increases , demand will increase and the demand curve will shift to the right.
ADVERTISING.
If a business advertises a product , demand will increase and the demand curve will shift right.
If a business does not advertises a product , demand will decrease and the demand curve will shift to the left.
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EXAMPLE; An increase in the world population means an increase in demand for a beef on the global market.
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