subject
Biology, 08.02.2021 06:20 carroch

Answer the following questions as it relates to the listed non-price factor(s) of demand and supply (drawing a graph with the necessary changes in
demand and supply will help you answer the questions).

a. An individual gets laid off from his job.

1. This factor is a change in .

2. Which way will the graph shift? .

3. This change will result in a(n) in price and a(n)

in quantity.

b. A new invention increases production.

1. This factor is a change in .

2. Which way will the graph shift? .

3. This change will result in a(n) in price and a(n)

in quantity.

c. There is an increase in price of a substitute good for orange juice and
a frost in Florida destroyed a large amount of the citrus product.

1. This will cause a(n) in demand and a(n)

in supply.

2. The new equilibrium price will .

3. The old equilibrium price will now be a .

(2 pts.) 7. Name the two things that will happen when price is below the equilibrium
price.

ansver
Answers: 3

Another question on Biology

question
Biology, 22.06.2019 04:00
Select the true statements about eubacteria. most live as decomposers and heterotrophs. most only thrive in a narrow range of environments. certain eubacteria are responsible for food poisoning. eubacteria thrive in extreme environments.
Answers: 3
question
Biology, 22.06.2019 04:40
Hurry where is the majority of earth's water found? o glaciers o oceans ground o rivers and lakes
Answers: 1
question
Biology, 22.06.2019 09:00
Adoença vitiligo afeta qual doença do corpo?
Answers: 1
question
Biology, 22.06.2019 11:50
Approximately what wavelength of light is best absorbed by chlorophyll a
Answers: 1
You know the right answer?
Answer the following questions as it relates to the listed non-price factor(s) of demand and supply...
Questions
question
English, 26.04.2021 06:50
Questions on the website: 13722359