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Smart Reasoning:

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Qaagi - Book of Why

Causes

Effects

The set of factors ... , and the set of factors that cause the supply curve to shift The equilibrium pricecausethe demand curve to shift

by changes in income , prices of other goods , or preferences a change in demand 20 Demand(passive) is caused byA shift in the demand curve

by changes in income , prices of other goods ... or preferences a change in demand(passive) is caused byA shift in the demand curve

factors irrespective of the price or quantity demanded of the good or service itself(passive) are caused byShifts along the demand curve

a movement along the demand curve ... The other factorscausea shift in the demand curve

Any change in non - price factorswould causea shift in the demand curve

The supply curve Factors ... , and factors that cause the supply curve to shift causethe demand curve to shift

a five factors ... : the demand curve shifts to the rightcausea shift in the demand curve

Supply and demand : supply and demand and seasonal effects any change in non - price factorswould causea shift in the demand curve

by changes in income ... prices of other goods , or preferences a change in demand 28 Demand Functions and Curves(passive) is caused byA shift in the demand curve

A change in marginal productivity ( i.e. the workers producing more or less of the products due to efficiency ) or marginal revenue ( i.e. due to a change in the price received for the productwill causea shift in the demand curve

that reduces the quantity demanded at every price shifts the demand curve to the left decrease in demandwould causea shift in the demand curve

Supply and demand Any change in non - price factorswould causea shift in the demand curve

a change in any non - price determinant of demand(passive) is caused byA shift in the demand curve

a change in price ... the factorswill resultin a shift of the demand curve

a factor affecting demand other than a change in price(passive) is caused byA shift in the demand curve

Shifts in the demand curve Understand factorsmay causea shift in the demand curve

changes in factors other than the price of the commodity in question(passive) is caused byA shift in the demand curve

14 Changes in any of the factors other than pricecausesthe demand curve to shift

the Demand Curve Buyers ' Expectations A change in buyers ' expectationscausesthe demand curve to shift

a movement along the demand curvecausesa shift in the demand curve

Non price factorscausea shift in the demand curve

a change in something other than price , such as a change in income(passive) is caused byA shift of the demand curve

A change in the price of a substitute in demand ( h ) or a change in income ( iwould causethe demand curve to shift

NON PRICE DEMAND DETERMINANTS(passive) is caused byShift in demand curve

a non - price changewill resultin a shift of the demand curve

Change in the level of income of the consumerscausesa shift in the demand curve

by a change in income , prices of other goods , or preferences(passive) is caused byA shift in the demand curve

a five major factors ... income , trends and a change in income can affect the demand curve in different wayscausea shift in the demand curve

Any changes in these factorswill causethe demand curve to shift

A change in any other determinant of demand ( wealth , expected return , risk , or liquiditywill causea shift in the demand curve

by something other than a change in price(passive) caused bya shift of the demand curve

other determinants of demand rather than price(passive) is caused byShift in demand curve

A change in any other factor besides the price of the goodcausesa shift of the demand curve

A change in demandwould causea shift in the demand curve

A change in the demandcausesa shift in the demand curve

Changes in the determinants of demandwill causethe shift of the demand curve

Any change in non - value elementswould causea shift in the demand curve

A change in overall supplywill causethe Demand curve to shift

Changes in any onecausesa shift of the demand curve

to a change in Quantityleadsto a change in Quantity

the price of such flights , PAcausingthe price of such flights , PA

a shift of the equilibrium position increasing the price levelcausinga shift of the equilibrium position increasing the price level

the equilibrium quantity to increase and the price to risewill causethe equilibrium quantity to increase and the price to rise

in a shortageresultingin a shortage

the equilibrium price to fallcausesthe equilibrium price to fall

an increase in the price of oilcausingan increase in the price of oil

national output to risecausingnational output to rise

Aggregate(passive) can be causedAggregate

into increased equilibrium priceswill resultinto increased equilibrium prices

the price to fallcausesthe price to fall

The fall in the price(passive) must have been caused byThe fall in the price

to an increase in the equilibrium price and quantity consumedleadsto an increase in the equilibrium price and quantity consumed

in the decrease of both equilibrium price and quantitywill resultin the decrease of both equilibrium price and quantity

to the change in quantity supplied ( a movement along the supply curveleadsto the change in quantity supplied ( a movement along the supply curve

in movement along the supply curve from the point ( Q 1 , P 1 ) to the point ( Q 2 , P 2resultedin movement along the supply curve from the point ( Q 1 , P 1 ) to the point ( Q 2 , P 2

a shift in the supply curve cause a change in the quantity demanded or suppliedcausea shift in the supply curve cause a change in the quantity demanded or supplied

Movement along the demand curve(passive) is caused byMovement along the demand curve

in movement along the supply curve from the point ( Q , P ) to the point ( Q , Presultedin movement along the supply curve from the point ( Q , P ) to the point ( Q , P

to a shift in the supply curvewill ... leadto a shift in the supply curve

a movement along the supply curvecausesa movement along the supply curve

to a movement along the supply curveleadsto a movement along the supply curve

in movement along the supply curveresultedin movement along the supply curve

to a movement along the supply curvewill leadto a movement along the supply curve

from a change in pricedoes ... resultfrom a change in price

from change in pricedoes ... resultfrom change in price

a change in price(passive) caused bya change in price

the supply curvewill causethe supply curve

the equilibrium to shift to point B.causesthe equilibrium to shift to point B.

a rise in prices * ... , with no change in the supply curve(passive) caused bya rise in prices * ... , with no change in the supply curve

equilibrium pricewill causeequilibrium price

in a shift in real GDPwill ... resultin a shift in real GDP

in a higher price , and a higher quantity ? soldwill resultin a higher price , and a higher quantity ? sold

to an increase in quantity suppliedleadsto an increase in quantity supplied

to the change in quantity suppliedleadsto the change in quantity supplied

to an increased price , which increases producer surplus from area A to area A + B + C. Problems and Applications 1leadsto an increased price , which increases producer surplus from area A to area A + B + C. Problems and Applications 1

alsomay ... resultalso

from consumer expectations regarding future income or future price of Goods and Servicesresultingfrom consumer expectations regarding future income or future price of Goods and Services

in movement along the supply curve from the point ( Q1 , P1 ) to the point ( Q2 , P2resultedin movement along the supply curve from the point ( Q1 , P1 ) to the point ( Q2 , P2

the total revenue curve to shift toowould causethe total revenue curve to shift too

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Smart Reasoning:

C&E

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