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

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 C

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:

number of sellers

buyer income with candy being a normal good

the price of related goods-complements

leftward

technology and/or resource productivity

buyer's expectation of future price

price

demand

increase

supply

number of buyers

quantity supply

rightward

decrease

buyer income with candy being an inferior good

government regulation

taxes or subsidies

quantity demand

seller's resource cost

tastes and preferences

the price of related goods-substitutes

substitutes-in-production

along

seller's expectation of future price

natural disaster

Drugi mogući odgovor:

taxes or subsidies

quantity supply

supply

quantity demand

along

tastes and preferences

increase

seller's resource cost

technology and/or resource productivity

demand

number of sellers

price

buyer's expectation of future price

buyer income with candy being a normal good

number of buyers

buyer income with candy being an inferior good

the price of related goods-complements

decrease

substitutes-in-production

leftward

government regulation

seller's expectation of future price

the price of related goods-substitutes

natural disaster

rightward

Drugi mogući odgovor:

tastes and preferences

government regulation

number of buyers

the price of related goods-substitutes

buyer's expectation of future price

rightward

seller's resource cost

price

number of sellers

buyer income with candy being an inferior good

buyer income with candy being a normal good

along

natural disaster

supply

increase

substitutes-in-production

decrease

leftward

taxes or subsidies

technology and/or resource productivity

quantity supply

the price of related goods-complements

quantity demand

seller's expectation of future price

demand