A heavy rainstorm damages this year’s crop of peanuts. The price of peanut butter increases. What will happen to the demand of jelly?   Answer the 3 questions below related to this scenario.     Complete sentences are not required. Please number each answer.   1. Will there be an increase or decrease? 2. Which way will the graph shift? 3. What is the determinant?

When a good becomes more trendy, is there a: change in demand/change in quantity demanded/change in supply/change in quantity supplied? Answer and explain in 2-3 sentences, then upload your answer to this folder.

The graph below shows the market for mandarin oranges in Odin for the month of November (in thousands of kilos). Tools 7. D2 6. 4. 3. 2. 840 1080 960 120 360 600 240 480 720 Quantity per month Price

QUESTION 28 Extensive medical research has concluded that using tobacco is harmful to your health. As a result, fewer Americans use tobacco today than they did 40 years ago. Economists would say that this change in _____ decreased the demand for tobacco, all else equal.   a. tastes   b. incomes   c. the price of a substitute product   d. the price of a complementary product     QUESTION 29 Which of the following is a curve that illustrates the relationship between the price of a good and the quantity that people are willing to buy at each price?   a. diminishing marginal benefit   b. the supply curve   c. utility   d. the demand curve     QUESTION 30 Which of the following would decrease the supply of leather boots?   a. a decrease in the price of leather boots   b. an increase in the price of leather   c. better technology in boot production methods   d. a decrease in the price of sewing machines…

Give typing answer with explanation and conclusion

1) The cost of satellite internet drops. How will this impact the supply and demand for cable internet? Explain.   2) Consider Question 1. Graph any changes you describe. Be sure to include the change in equilibrium.

ЕОC 6.03 A 45% fall in the price of computers leads to a 20% rise in the amount of computers purchased by customers. Using this information, we would expect total revenue to when prices drop. Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. decrease increase not change d increase or decrease (not enough information)

8. Shifts in supply or demand I The following graph shows the market for donuts in Dallas, where there are over 1,000 donut shops at any given moment. Suppose a new scientific study shows that Dallas is the most polluted city in the world. Due to health concerns, a significant number of families move out of the city. Show the effect of this change on the market for donuts by shifting one or both of the curves on the following graph, holding all else constant. Note: Select and drag one or both of the curves to the desired position. Curves will snap into position, so if you try to move a curve and it snaps back to its original position, just drag it a little farther. PRICE (Dollars per donut) QUANTITY (Donuts) Supply Demand Demand If donuts are a normal good, this will cause the demand for donuts to 0 Supply ? Now suppose Congress passes a new tax that decreases the income of Dallas residents.

Please answer all parts of the question. Thank You!

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