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

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.

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

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.

Drugi mogući odgovor:

government regulation

the price of related goods-substitutes

technology and/or resource productivity

decrease

leftward

buyer income with candy being an inferior good

rightward

substitutes-in-production

taxes or subsidies

number of sellers

buyer income with candy being a normal good

natural disaster

quantity demand

tastes and preferences

quantity supply

the price of related goods-complements

increase

along

seller's expectation of future price

number of buyers

seller's resource cost

supply

demand

buyer's expectation of future price

price

Drugi mogući odgovor:

buyer's expectation of future price

taxes or subsidies

price

technology and/or resource productivity

supply

government regulation

quantity supply

leftward

buyer income with candy being a normal good

rightward

seller's resource cost

decrease

the price of related goods-substitutes

substitutes-in-production

along

increase

the price of related goods-complements

demand

tastes and preferences

natural disaster

number of buyers

number of sellers

quantity demand

seller's expectation of future price

buyer income with candy being an inferior good

Drugi mogući odgovor:

taxes or subsidies

seller's expectation of future price

quantity supply

seller's resource cost

price

government regulation

buyer income with candy being an inferior good

tastes and preferences

number of buyers

technology and/or resource productivity

leftward

substitutes-in-production

rightward

buyer income with candy being a normal good

the price of related goods-complements

decrease

buyer's expectation of future price

increase

demand

natural disaster

along

quantity demand

the price of related goods-substitutes

supply

number of sellers