Demand by Alaina Terry

Change In Consumer Income

aterry96 — 2024-02-23 15:50:46 UTC

When theres a change in the consumers income (more money), usually people tend to spend more, meaning more money for Amazon.

Amazon

aterry96 — 2024-02-23 15:51:48 UTC

Change In Consumer Taste/Fads

aterry96 — 2024-02-23 15:56:50 UTC

If the consumer decides that they don't like the prices, or what amazon sells, the shift would go to the left. This is because the consumers business is being taken elsewhere, so less money for Amazon.

Change In Price Expectations

aterry96 — 2024-02-23 15:59:25 UTC

If the price for a product goes up, that means consumers will be less likely to buy a product or go back to amazon because they made their prices go up. This means a left shift since Amazon is making less money.

Change In Number Of Consumers In A Market

aterry96 — 2024-02-23 16:00:20 UTC

If there are more people buying off of Amazon, theyre making more money. This means a right shift in the graph.

Change In Price Of Complementary Good

aterry96 — 2024-02-29 14:56:26 UTC

If the price goes up in a complementary good, more people are going to want the good. That means the supply shift is going to go up.

Change In Price Of Substitute Good

aterry96 — 2024-02-29 14:58:05 UTC

If theres a price change in a substitute good, less people are going to want the product. This means less money Amazon is making from that good.