Pe -- expected price
Pog -- price of other goods
1) substitute goods
2) complementary goods
3) independent goodsI -- income
1) normal goods
2) inferior goodsN -- number of POTENTIAL consumers
T -- tastes and preferences
Pe -- expected price
Pog --produced by same firm
Pres -- price of resources
T --technology
T --taxes and subsidies
N -- number of sellers
Increase in Demand
Decrease in Demand
Increase in Supply
Decrease in Supply