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As individual grow older their taste is certain items change, for example as a teenager a person may buy hard rock cd(s) but as they grow older they may tend to favor smooth jazz this change causes a direct shift in the demand for hard rock cd(s). As individuals look to the future their expectations of what to come can also cause a shift on the demand for certain items...
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As individuals look to the future their expectations of what to come can also cause a shift on the demand for certain items. Tax on items can also cause a shift of demand, for instance, as tax on cigarettes continues to rise, the demand for cigarettes will begin to decline.
A change in anything that affects supply besides price causes a shift on the supply curve...
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