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Micro 2.1 Demand / 2.2 Supply Mini S/D Shifting Mini Quiz A

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Posljednje ažuriranje 10 months ago
3 questions

All questions are framed with respect to the AMERICAN CANDY MARKET! Candy is considered an inferior good for today's purposes.

5
5
5
Pitanje 1
1.
Drugi mogući odgovor:
buyer's expectation of future price

increase

of
seller's expectation of future price
number of sellers
rightward
leftward
quantity supply
buyer income with candy being a normal good
natural disaster

demand

along
the price of related goods-complements

supply

seller's resource cost
buyer income with candy being an inferior good
taxes or subsidies
decrease

price

the price of related goods-substitutes

number of buyers

substitutes-in-production
government regulation
technology and/or resource productivity
quantity demand
tastes and preferences
Pitanje 2
2.
Drugi mogući odgovor:
seller's resource cost
natural disaster
number of sellers
seller's expectation of future price
quantity supply
the price of related goods-substitutes
rightward
decrease
quantity demand
buyer income with candy being a normal good
taxes or subsidies
the price of related goods-complements
technology and/or resource productivity
substitutes-in-production
government regulation
leftward

demand

along

supply

increase

buyer's expectation of future price
tastes and preferences

price

number of buyers

buyer income with candy being an inferior good
of
Pitanje 3
3.
Drugi mogući odgovor:
along
seller's expectation of future price

number of buyers

buyer income with candy being a normal good
technology and/or resource productivity

price

taxes or subsidies
buyer's expectation of future price
the price of related goods-substitutes
natural disaster
tastes and preferences
quantity supply
rightward
quantity demand
the price of related goods-complements
of

demand

seller's resource cost
government regulation

increase

supply

leftward
decrease
substitutes-in-production
buyer income with candy being an inferior good
number of sellers