3. If the Wall Street Journal published an article w/ the headline "Poultry Farmers Detect Infectious Avian Bird Flu," what would happen to the demand curve for chicken? *Name the determinant: 4. The Kansas City Chiefs football team just won the Superbowl and an ESPN.com poll showed that 74% of fans were rooting for the Chiefs. As a result, what will happen to the demand curve for their merchandise like t-shirts and jerseys throughout the country? Show the shift in the demand curve below and list the determinant. *Name the determinant:
3. If the Wall Street Journal published an article w/ the headline "Poultry Farmers Detect Infectious Avian Bird Flu," what would happen to the demand curve for chicken? *Name the determinant: 4. The Kansas City Chiefs football team just won the Superbowl and an ESPN.com poll showed that 74% of fans were rooting for the Chiefs. As a result, what will happen to the demand curve for their merchandise like t-shirts and jerseys throughout the country? Show the shift in the demand curve below and list the determinant. *Name the determinant:
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
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
Transcribed Image Text:3. If the Wall Street Journal published an article w/ the headline "Poultry Farmers Detect Infectious Avian Bird Flu,"
what would happen to the demand curve for chicken?
*Name the determinant:
4. The Kansas City Chiefs football team just won the Superbowl and an ESPN.com poll showed that 74% of fans
were rooting for the Chiefs. As a result, what will happen to the demand curve for their merchandise like
t-shirts and jerseys throughout the country? Show the shift in the demand curve below and list the
determinant.
*Name the determinant:

Transcribed Image Text:Demand: 1-4
1. Currently, gas and fuel prices have been rising steadily for months. How has the drastic increase in fuel affected
the demand curve for Ford F150 trucks? Show the shift in demand and name the determinant.
*Name the determinant:
2. Assuming that Old Navy jeans and Gap jeans are suitable substitutes, what would happen to the demand
curve for Gap jeans in the following price scenario: Gap Jeans @ $58.00; Old Navy Jeans @ $75.00
*Name the determinant:
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