THERE HAS BEEN A RECENT DISCOVERY OF SALMONELLA IN PEANUT BUTTER ACROSS THE UNITED STATES. AS A RESULT, WHAT WILL HAPPEN TO THE DEMAND FOR JELLY? IN WHICH DIRECTION WILL THE DEMAND CURVE SHIFT?

DS Determinants of supply The following calculator shows the supply curve for sedans in an imaginary market. For simplicity, assume that all sedans are identical and sell for the same price. Two factors that affect the supply of sedans are the level of technical knowledge-in this case, the speed with which manufacturing robots can fasten bolts, or robot speed-and the wage rate that auto manufacturers must pay their employees. Initially, the graph shows the supply curve when robots can fasten 2,500 bolts per hour and autoworkers earn $25 per hour. Use the graph input tool to help you answer the following questions. You will not be graded on any changes you make to this graph. Note: Once you enter a value in a white field, the graph and any corresponding amounts in each grey field will change accordingly. PRICE (Thousands of dollars) 8 20 10 0 0 Supply 100 200 300 400 500 600 700 800 900 QUANTITY (Sedans per month) Graph Input Tool Supply for Sedans Price of a Sedan (Thousands of…

Why are economists so particular about the difference between an increase in quantity demanded and an increase in demand? Aren't they the same thing? Provide examples.

Sprite and cola are production substitutes. Use two separate well_labeled diagrams to show the effect of an increase in demand for sprite on the equillibrium price and quantity of sprite in the sprite market and also the equillibrium price and quantity of cola in the cola market.