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| Topic: |
Business
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| Number of pages / Number of words: |
4 / 867 |
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The graphs below show how different factors move or shift the demand curve.
Figure1. Movement along the demand line
Old Luxury brand extensions are lower-prices versions of typically high priced items. Figure 1 shows movement along the demand line. When all other factors remain the same, but the price of a BMW brand changes, for example, from $250,000 to $150,000, the quantity demanded increased from 100 cars to 300 cars...
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The graphs below show how different factors move or shift the demand curve.
Figure1. Movement along the demand line
Old Luxury brand extensions are lower-prices versions of typically high priced items. Figure 1 shows movement along the demand line. When all other factors remain the same, but the price of a BMW brand changes, for example, from $250,000 to $150,000, the quantity demanded increased from 100 cars to 300 cars...
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