3.2.2 Shifters

Last updated over 2 years ago

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Last updated over 2 years ago

1 question

Note from the author:

Instructions

Required

What happens to the supply or demand for In-n-Out Double Doubles if the following happens? (Assume double doubles are normal goods.)

Truckers for all long-haul agricultural trucking go on strike.
The US government institutes a tax on all fast food companies of 5%.
Everyone's taxes increase. 😭
🍅 prices 🚀
Everyone in the USA gets 💰from our governemnt
The US government cuts corporate taxes for all restaurants.
In-n-Out cuts its price for fountain 🥤 to 25¢
There is a 10% decrease in the US population.
A new tractor has been invented that harvests 🍅 10x faster.
A mega drought hits the Western US from which all 🍅 are grown.
🧀 prices 📉
The Habit is doubling their prices. 👀
In-n-Out increases the price of their fries by 200%. 😤
People find out that In-n-Out is being given away to funds and trusts that will use all corporate profits to fight climate change. 👍🏽
People find out that In-n-Out is actually a racist, sexist, homophobic, and downright evil company. 😡
Shake Shack is slashing their 🍔 prices in half. 🙌🏽
There is a 10% increase in the US population. 👶🏼