2. What would we expect to happen to the demand curve and why? (The demand curve can shift to the left, remain static, we don't have enough information to say, or it will shift to the right)
We don't have enough information to say. The demand curve can shift to the left, remain static, or shift to the right depending on a variety of factors such as changes in consumer preferences, changes in prices of related goods, changes in income, and changes in expectations.
