De La Salle Santiago Zobel School

Social Studies 9 (Term 2)

AY 2022-2023

Practice Exercise 1 on Changes in Demand

Instructions: Graph the changes in demand and identify the factor that determines the
change in the demand.
Example: Demand for choc-nut if its price increases
FACTOR: PRICE
CHANGE: MOVEMENT
GRAPH:

1. Demand for gadgets if your income 2. Demand for toothpaste if the price of
increases by 50% toothbrush decreases

FACTOR: Income FACTOR: Complementary Goods

CHANGE: Shift CHANGE: Shift
GRAPH: Increase GRAPH: Increase

3. Demand for candles during summer 4. Demand for gasoline if there's a news
report that the price will increase by
FACTOR: Occasion P1.70 at 12 midnight.
CHANGE: Shift
GRAPH: Decrease Factor: Expectation
Change: Shift
Graph: Increase