1. If there is a population boom in California, the (demand/quantity demand) for surfboards will (incre: decrease). 2. If market experts announce that price of gold is expected to rise 25% in May, the (demand/quantity demand) for gold will (increase / decrease) in April. 3. If Kroger announces a price decrease on hot dogs, the (demand/quantity demand) for hamburgers will (increase / decrease). 4. If a drought destroys tea crops causing an inerease in the price of tea, the (demand/quantity demand). for sugar will (increase / deerease). 5. If a new study shows that eating dark chocolate promotes a healthier lifestyle, the (demand/quantity demand) for Ghirardelli 92% Intense Dark bars at Chocoly Candy Shop will (increase/deerease). 6. If the Federal Reserve announces that the economy is booming and unemployment is at an all time low, the (demand/quantity demand) for cars will (increase / decrease). 7. If the price of Chinese food decreases, there will be an (increase/decrease) in the (demand/quantity demand) for Lu's Lucky Chinese Food. 8. If the price of waffles inereases, there will be an (increase/decrease) in the (demand/quantity demand) for waffles.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Bb 5535547
H My Blackboard Conte x
Bb Module 01: Fundamer x
pardcdn.com/blackboard.learn.xythos.prod/5a25b62cdb9cf/5497575?X-Blackboard-Expiration=1631804400000&X-B
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1. If there is a population boom in California, the (demand/quantity demand) for surfboards will (increase
decrease).
2. If market experts announce that price of gold is expected to rise 25% in May, the (demand/quantity
demand) for gold will (increase / decrease) in April.
3. If Kroger announces a price decrease on hot dogs, the (demand/quantity demand) for hamburgers
will (increase / decrease).
4. If a drought destroys tea crops causing an inerease in the price of tea, the (demand/quantity demand)
for sugar will (increase / decrease).
5. If a new study shows that eating dark chocolate promotes a healthier lifestyle, the (demand/quantity
demand) for Ghirardelli 92% Intense Dark bars at Chocoly Candy Shop will (increase / decrease).
6. If the Federal Reserve announces that the economy is booming and unemployment is at an all time
low, the (demand/quantity demand) for cars will (increase / decrease).
7. If the price of Chinese food decreases, there will be an (increase/decrease) in the (demand/quantity
demand) for Lu's Lucky Chinese Food.
8. If the price of waffles increases, there will be an (inerease/decrease) in the (demand/quantity
demand) for waffles.
73°F
Transcribed Image Text:Bb 5535547 H My Blackboard Conte x Bb Module 01: Fundamer x pardcdn.com/blackboard.learn.xythos.prod/5a25b62cdb9cf/5497575?X-Blackboard-Expiration=1631804400000&X-B 1 / 4 100% 1. If there is a population boom in California, the (demand/quantity demand) for surfboards will (increase decrease). 2. If market experts announce that price of gold is expected to rise 25% in May, the (demand/quantity demand) for gold will (increase / decrease) in April. 3. If Kroger announces a price decrease on hot dogs, the (demand/quantity demand) for hamburgers will (increase / decrease). 4. If a drought destroys tea crops causing an inerease in the price of tea, the (demand/quantity demand) for sugar will (increase / decrease). 5. If a new study shows that eating dark chocolate promotes a healthier lifestyle, the (demand/quantity demand) for Ghirardelli 92% Intense Dark bars at Chocoly Candy Shop will (increase / decrease). 6. If the Federal Reserve announces that the economy is booming and unemployment is at an all time low, the (demand/quantity demand) for cars will (increase / decrease). 7. If the price of Chinese food decreases, there will be an (increase/decrease) in the (demand/quantity demand) for Lu's Lucky Chinese Food. 8. If the price of waffles increases, there will be an (inerease/decrease) in the (demand/quantity demand) for waffles. 73°F
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