Amember of has recently gained personal wealth and may experience status anxiety. such individuals may try to display symbols of their success to make up for an internal lack of assurance about the "correct" way to behave.

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changes in factors like average income and preferences can cause an entire demand curve to shift right or left. this causes a higher or lower quantity to be demanded at a given price. demand curves relate the prices and quantities demanded assuming no other factors change. it is important for consumers to know this information, because it is crucial for them to know what they can afford and can't afford. i hope this .