1. First identify the shifter 2. Does the shifter increases or decrease demand? 3. Do you shift this to the right or to the left? 4. Draw the graph 5. Did quantity increase or decrease? I will give you a scenario, for each scenario complete the above five stops in the space provided. For all of these scenarios we are talking about the demand of hamburgers. Remember, there are 6 shifters of demand and price does not change demand, it changes demand quantity. Scenario Shifter Demand Left or Draw Graph Quantity Increase Right increase or or Decrees decrease Hamburgers increase Consum Increase Right Increase * m in popularity er Taste 1. Population Boom 2. Income falls due to a recession 3 New health craze, NO GROUND BEEF All hamburger restaurants announce they will increase prices NEXT month 5. All sodas and fries become cheaper The Price of hamburgers are now cheap $1 7. The price of hot dogs have decreased