JUNIOR CYCLE BUSINESS STUDIES This information can be represented on a demand curve as follows. Demand Curve For Product
40 60 80
30 50 70
10 20
0 0 10 20 30 40 50 60 Quantity demanded Other Factors Affecting the Demand Curve
As well as price, there are other factors that cause movement of the demand curve. These factors may cause the demand curve to shift to the left or to the right.
• If the demand curve shifts to the right, demand has increased. • If the demand curve shifts to the left, demand has decreased.