Earlier in this section, you saw what happened to the apple market demand when Alex, Dee and Sash all experienced an increase in their disposable income - the demand for apples increased.

But what if the opposite happens, and Alex, Dee and Sash's incomes decrease because the Australian economy is going through a recession? What would happen then?

Action 1: Move the slider for Income to the left (towards the -- sign). What happens?


market

Factor controls

Income:

-- ++

Expectations and information:

-- ++

Number of buyers in market:

-- ++