Supply and Demand S1 Prices S2 A D3 D2 D1 Quan Refer to Figure 1Z. The market is initially in equilibrium at Point B for an inferi Other things being equal, which of the following is the new equilibrium -wher personal wealth increases? Point C.

Suppose the price of wheat in Canada rises. As a result, the equilibrium price of wheat in the United States will equilibrium quantity will Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. b с Question 9 d rise; decrease fall; decrease rise; increase fall; increase Saved and the

The relations hip between quantity supplied and the price isand the relations hip between quantity demanded and the price is ____

Quantity per unit of time C Quantity per unit of time Refer to the graph above. Assume the graph reflects demand in the automobile market. Which arrow best captures the impact of increased prices of automobiles on the automobile market? OA. A OB, B C.C D. D

Answer quickly

3. Refer to the information provided in Figure below to answer the following questions. Price of pizza +6 0 A B D₁ D₂ Number of pizzas per month D3 a. Under what situation consumer moves from A to B? When they move from C to A? Explain the reasons in both cases. b. Imagine your demand curve for pizza last year was D3. Now the demand is D1. Write down possible reasons for this. Explain this carefully c. Can you expect the demand to increase at the same price? Explain the reasons carefully. d. Can you expect the demand to decrease at the same price? Explain this carefully.

SECTION A Answer All Questions 1. Which of the following questions is a type that tools of econometrics are meant to answer? A. If goods A and B are substitutes and the price of good A increases by KSH 10, by how much will the quantity demanded of good B change by? B. If goods A and B are substitutes and the price of good A increases, how will this affect the demand for good B? C. If an income increase causes the sales of good A to fall, everything else held constant, what type of good is good A? D. Everything else the same, would the price of good A be higher in a competitive industry or a monopolistic industry? 2. Consider the model Qª = ƒ (P, P³,Pº, INC) where Qªis quantity demanded of a bar soap per month, P is the price per bar of soap, Ps is the price of substitutes, P is the price of complements, and INC is monthly income. This equation represents A. a non-linear model B. an economic model C. an econometric model D. an interval forecast

i am not sure not is the answer to this question

How would you work this?

Typed plz and asap Thanks