Directions: Explain how non-price determinants affect demand shifts. Give at least one reason for the shift and write it in the table below. Increase in Demand Decrease in Demand Non-Price Determinants 1. Consumer's Income Normal Good 2. Consumer's Income - Inferior Good 3. Price of the Related Goods - Complementary Goods 4. Price of the Related Goods - Substitute Goods 5. Number of Buyers
