The world market demand for aluminum exemplifies a typical demand relationship. On your answer sheet, draw a graph of the initial market demand curve for aluminum in the world.
Assuming aluminum is a(n) normal good, a(n) decrease in preferences (and tastes) for the good leads to ______________ in demand for aluminum in the world. Now, on the same graph (from above), show the effect of this decrease in the preferences (and tastes) for the good.