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15 cards from this deck
Quantity consumers willing & able to buy at different prices in a time period
Inverse relationship between price and quantity demanded
Downward from left to right
Only price changes
Non-price factors change
Demand increased (more demanded at every price)
Demand decreased (less demanded at every price)
Shifts demand curve to the right
Similar products used in place of another
Demand for alternative shifts right
Goods in joint demand, bought together
Cars & petrol, smartphones & cases, printers & ink
Shifts demand right for big-ticket items
Demand stays stable despite price rises, no substitutes available
Luxury goods more desirable when prices increase
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