A popular new diet prescribes only olive oil for weight loss
a report in news stating that
consumption of oilve oil
improves health
a decrease in the price
of other vegetable oil
research shows that olive oil
consumption leads to hair loss
Type 1
Type 2
16.00!
16.00
14.00
14.00
demand
curves
demand
curves
12.00
10.00
12.00
610.00
8.00
8.00
initial
demand
>
more demand
6.00
6.00
decreased
4.00
initial
demand
4.00
2.00
demand
2.00
100 200 300 400 500 600 700
Quantity of Olive Oil (gallons)
100 200 300 400 500 600 700
Quantity of Olive Oil (gallons)
Non-Price Determinant Causing the
Demand to Decrease
Non-Price Determinant Causing the
Demand to Increase