Posted by Tiff on .
Indicate how you think each of the following would shift demand in the indicated market:
a.Incomes of buyers in the market for Adirondack vacations increase.
b.Buyers in the market for pizza read a study linking hamburgers consumptions to heart disease.
c.Buyers in the market for CDs learn of an increase in the price of audiocassettes (a substitute for CDs).
d.Buyers in the market for CDs learn of an increase in the price of CDs
Take a shot. What do you think?