Changing Tastes and Advancing Technology
{"Image DocumentName": "Changing Tastes and Advancing Technology", "Image ImageDescription": "A Permanent Change in Demand. A decrease in demand shifts the demand curve leftward. The price falls and the quantity decreases. Watching the work of the invisible hand. The power of the market to make firms respond to consumers\u2019 changing demands become visible to the student in this section. When you teach this material, do the analysis with a specific (and current/recent) example with which the students can identify. Computers and ISPs are good for an increase in demand. Audio tapes are good for a decrease in demand.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}