1. Indicate whether the supply or Demand curve would shift to the right, shift to the left or movement along the demand/supply curve under each of the following instances. Most of the Namibian drivers are considering using petrol rather than diesel. What would happen to the demand curve for diesel?

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
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1. Indicate whether the supply or Demand curve would shift to the right, shift to the left or movement along the demand/supply curve under each of the following instances.

Most of the Namibian drivers are considering using petrol rather than diesel. What would happen to the demand curve for diesel?

The government decides to increase the corporate tax payed by transport operators. What would happen to the supply of transport service?

What would happen to the demand for freight transportation as the demand for hand sanitizers increase?

During this period all government employees as well as those in state Owned Enterprises and private sector are to operate from home, except those providing critical services. What would happen to the demand for taxis and public transport?

 

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