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DEMAND AND SUPPLY - Coggle Diagram

- - - - Price substitute goods increase
        
        Price of complementary goods decrease
        
        Income increase (normal goods)
        
        Expected future price increases
        
        Number of buyers increase
    - - Price substitute goods decrease
        
        Price of complementary goods increase
        
        Income decrease (normal goods)
        
        Expected future price decreases
        
        Number of buyers decrease
- - - - Caused only by change in the price of the product
      - Involves a movement from one point to another (along supply curve)
      - Movement along supply curve
      - Price changes and other factors are constant
      - Downward movement  Decrease in quantity supplied (Contraction)
      - Upward movement  Increase in quantity supplied (Expansion)
  - - - Caused by changes in one or more of the determinants of supply
      - Shift in the supply curve
      - Occurs when there are changes in other factors but the price remains constant