Economics

increase in price of raw materials

change in taste of consumer

increase in the size of the population

expectation of future price increase

1

0.8

0.5

1.5

duopoly

monopolist

monopsonist

oligopoly

the price of the good or service

a change in real income

government policy

increase in population

above the equilibrium and causes surpluses

below the equilibrium and causes surpluses

above the equilibrium and causes shortage

at the equilibrium and causes no shortage