help to complete below homework : Pls explain in details why selected option is correct.

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter6: Consumer Choices
Section: Chapter Questions
Problem 17P: If a 10 decrease in the price of one product that you buy causes an 8 increase in quantity demanded...
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Pls help to complete below homework :

Pls explain in details why selected option is correct.

In the market for wheat, which of the following would cause an increase in supply?
Q-1)
Multiple Cholce
There is an Increase in consSumer preference for wheat based foods.
There is an Increase in the price of farm equipment, an Input into the production of whei
The price of wheat increases.
Select Correct option :
Apple production has increased.
Use the fiqure below to answer the following question.
Q-2
$5
S,
S,
Apple producers are willing to sell more at every price.
The producers of apples now recelve a subsidy.
2 46 8 10 12 14 16 18 20
Quantity Supplied
(thousands of bushels per week)
he figure shows three supply curves for apples. If you observe the supply of apples shift from S to S3. which of the
The producers of apples now must pay a tax
ollowing could be responsible for this shift?
(punod jed) eojue
Transcribed Image Text:In the market for wheat, which of the following would cause an increase in supply? Q-1) Multiple Cholce There is an Increase in consSumer preference for wheat based foods. There is an Increase in the price of farm equipment, an Input into the production of whei The price of wheat increases. Select Correct option : Apple production has increased. Use the fiqure below to answer the following question. Q-2 $5 S, S, Apple producers are willing to sell more at every price. The producers of apples now recelve a subsidy. 2 46 8 10 12 14 16 18 20 Quantity Supplied (thousands of bushels per week) he figure shows three supply curves for apples. If you observe the supply of apples shift from S to S3. which of the The producers of apples now must pay a tax ollowing could be responsible for this shift? (punod jed) eojue
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