[Note: The distance between cities in California (US) distance chart below is straight line distance (may be called as flying or air distance) between the two locations in California (US) calculated based on their latitudes and longitudes. This distance may be very much different from the actual travel distance.]
Price of Related Goods: Demand for the given commodity is also affected by change in prices of the related goods. Related goods are of two types: (i) Substitute Goods: Substitute goods are those goods which can be used in place of one another for satisfaction of a particular want, like tea and coffee.
Thus the demand curve shifts to the right. Other changes that can shift the demand curve include the change in price of competitive products, a change in consumersâ income level and a change in consumer tastes. In other words, any significant change in the market -- other than the price of the product itself -- causes a shift of the demand curve.