factors that effect d and s

When income increases, the demand for __________ goods increases and shifts the demand curve right.

normal

If income falls, __________ falls, and the demand curve shifts left.

demand

A rise in the price of a __________ increases the demand and shifts the demand curve rightward.

substitute

A fall in the price of a __________ decreases the demand and shifts the demand curve leftward.

substitute

A rise in the price of a __________ decreases the demand and shifts the demand curve leftward.

complement

A fall in the price of a __________ increases the demand and shifts the demand curve rightward.

complement

An increase in the __________ for a good increases the demand and shifts the demand curve rightward.

preferences

A decrease in the number of __________ decreases the demand and shifts the demand curve leftward.

demanders

If credit market conditions are good, it __________ the demand and shifts the demand curve rightward.

increases

If future prices are expected to rise, current demand __________ and shifts the demand curve rightward.

increases

A fall in cost increases the __________ and shifts the supply curve rightward.

supply

A rise in costs decreases the __________ and shifts the supply curve leftward.

supply

A fall in the price of a substitute in production increases the __________ and shifts the supply curve rightward.

supply

A rise in the price of a __________ in production increases the supply and shifts the supply curve rightward.

complement

Technological advancements __________ supply and shift the supply curve to the right.

increase

An increase in the number of __________ increases the supply.

suppliers

A bad state of nature will __________ the supply.

decrease

If expected future prices fall, the current supply __________.

increases

If income rises, demand for inferior goods __________.

decreases

If preferences for a good decrease, the demand shifts __________.

leftward

An increase in the number of demanders __________ the demand.

increases

Good credit market conditions __________ the demand.

increase

The presence of additional complements can __________ demand for a product.

increase

When expected future prices fall, current demand __________.

decreases

If the price of a complement in production falls, supply __________.

decreases

A rise in the price of a substitute in production __________ supply.

decreases

An expected future price rise leads to a __________ in current supply.

decrease

A good state of nature __________ the supply.

increases

If the price of a substitute rises, the demand for the original product will shift __________.

rightward

An increase in the number of suppliers will __________ supply.

increase

If income decreases, demand for normal goods will __________.

fall

When preferences for a good increase, demand shifts __________.

rightward

A rise in the price of a complement in production will __________ supply.

increase