List three specific things that would cause the demand for ride-share services (i.e., Uber or Lyft)...

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Economics

List three specific things that would cause the demand forride-share services (i.e., Uber or Lyft) to shift. Use threedifferent categories (all 5 listed below) of demand-shifters inyour answer.
Changes in Income
Normal good â€“ a good for which a positive relationship existsbetween changes in consumer income and changes in demand
Inferior good â€“ a good for which an inverse relationship existsbetween changes in consumer income and changes in demand
Prices of related goods
Substitutes â€“ goods for which a positive relationship existsbetween changes in the price of one and changes in demand for theother
Complements â€“ goods for which an inverse relationship existsbetween changes in the price of one and changes in demand for theother
Changes in Consumer Tastes
Fads
Changes in quality
Changes in Consumer Expectations
Changes in Price Expectations
Changes in Income Expectations
The size of the market

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A shift in the demand curve of a good takes place when determinants of demand other than the price of the good changes In the present case the rideshare services like Uber or Lyft are See Answer

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