Principles of Macroeconomics (MindTap Course List)
7th Edition
ISBN: 9781285165912
Author: N. Gregory Mankiw
Publisher: Cengage Learning
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Question
Chapter 4, Problem 1QCMC
To determine
The determinants of the demand curve.
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A change in which of the following will not shift the demand curve for hamburgers? Price of hot dogs , price of hamburgers, price of hamburger buns or the income of hamburger consumer?
A change in which of the following will shift the demand curve for hamburgers?
Select one:
a. A fall in the price of french fries, a complement for hamburgers.
b. An increase in the price of a hamburger.
c. An increase in the number of hamburger restaurants.
d. An.increase in the price of the meat used to produce hamburgers.

Select one:
a. a decrease in the price of 7-UP, assuming 7-UP is a substitute for Dr. Pepper
b. an increase in the price of sugar used to make Dr. Pepper
c. an increase in the price of Dr. Pepper
d. an increase in income, assuming that Dr. Pepper is a normal good
Chapter 4 Solutions
Principles of Macroeconomics (MindTap Course List)
Ch. 4.1 - Prob. 1QQCh. 4.2 - Prob. 2QQCh. 4.3 - Prob. 3QQCh. 4.4 - Prob. 4QQCh. 4 - Prob. 1QRCh. 4 - Prob. 2QRCh. 4 - Prob. 3QRCh. 4 - Prob. 4QRCh. 4 - Prob. 5QRCh. 4 - Prob. 6QR
Ch. 4 - Prob. 7QRCh. 4 - Prob. 8QRCh. 4 - Prob. 9QRCh. 4 - Prob. 1QCMCCh. 4 - Prob. 2QCMCCh. 4 - Prob. 3QCMCCh. 4 - Prob. 4QCMCCh. 4 - Prob. 5QCMCCh. 4 - Prob. 6QCMCCh. 4 - Prob. 1PACh. 4 - Prob. 2PACh. 4 - Consider the market for minivans. For each of the...Ch. 4 - Prob. 4PACh. 4 - Prob. 5PACh. 4 - Prob. 6PACh. 4 - Prob. 7PACh. 4 - Prob. 8PACh. 4 - Prob. 9PACh. 4 - Prob. 10PACh. 4 - Prob. 11PA
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- How does the number of sellers in the market increase?arrow_forward6. Are hamburgers and buns complements or substitutes?arrow_forwardWhich of the following pairs of goods are most likely substitutes? a. Cola and lemon lime soda b. Lettuce and salad dressing c. Peanut butter and gasoline d. Compact discs and compact disc playersarrow_forward
- When consumers' incomes increased 10 percent, the quantity of milk bought increased 5 percent. This result means A. milk is a luxury. B. milk is a necessity. C. the demand for milk is income elastic. D. milk is an inferior good.arrow_forward38. Which of the following events will cause the demand curve for hamburgers to shift to the right? An increase in the price of pizza, a substitute for hamburgers b. An increase in the price of French fries, a complement to hamburgers c. An increase in the price of hamburgers d. A decrease in the price of hamburgersarrow_forward
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