Indicate the impact if any on demand, supply, price and quantity for: In the new academic year, a school mandates that all students must take an Economics course. Concurrently, the school made their order for Economics text books based on the number of students last year. The prices of inputs in the production of bags have increased. Concurrently, taste and preferences have favored the bag in the last 4 market periods.

The supply of new houses in Houston is best described as   Group of answer choices   The quantity of new houses that builders are willing and able to build at various prices in a given period of time.   The number of new houses purchased in Houston in 2020.   The number of new houses built in Houston in 2020.   As the price of new houses in Houston fell in 2020, builders built fewer new houses.

Demand and supply often shift in the retail market for gasoline. Here are two demand curves and two supply curves for gallons of gasoline in the month of May in a small town in Maine. Some of the data are missing.Using the table, answer the following questions:                                              Quantities Demanded                                 Quantities Supplied Price D1 D2 S1 S2 $7.00 5,000 7,500 9,000 9,500   6,000 8,000 8,000 9,000  5.00   8,500   8,500     9,000 5,000   Use the following facts to fill in the missing data in the table. If demand is D1 and supply is S1, the equilibrium quantity is 7,000 gallons per month. When demand is D2 and supply is S1, the equilibrium price is $6.00 per gallon. When demand is D2 and supply is S1, there is an excess demand of 4,000 gallons per month at a price of $4.00 per gallon. If demand is D1 and supply is S2, the equilibrium quantity is 8,000 gallons per month.  b. Compare the two equilibriums: In the first,…

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