HANDBAGS What happens when the hot handbag trend is to not buy a new one? Sales of premium handbags and accessories in North America are forecast to decrease Caroline Cooper, a 21-year-old sales associate from Rockland County, N.Y., said she would rather spend her money going to restaurants and Broadway plays.“I don’t need another handbag,” she said. The change in spending habits poses a challenge to handbag makers that are already feeling the effects.Handbag sales are also suffering from fewer tourists. Instead shoppers are spending the money they are saving from lower gas prices on entertainment rather than on goods like clothing and accessories. Fill in the Answer sheet for the article. Make sure you fill in the graph by marking it as a decrease or an increase in each box. Leave it blank if there is no change.  Use a ?  If you can’t tell if there is a decrease or an increase. Use the graphs attached below. Graph #   Graph Name   Pe   Q   ∆ in D   ∆ in Qd   ∆ in S   ∆ Qs

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
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PLEASE FILL IN THE CHART BELOW FOR THE ARTICLE!!

Microeconomics

For the article, write the number of the graph that best describes what happened. Fill in only the appropriate boxes in each chart for each article and be sure and indicate if it is an increase or a decrease.  

HANDBAGS What happens when the hot handbag trend is to not buy a new one? Sales of premium handbags and accessories in North America are forecast to decrease Caroline Cooper, a 21-year-old sales associate from Rockland County, N.Y., said she would rather spend her money going to restaurants and Broadway plays.“I don’t need another handbag,” she said. The change in spending habits poses a challenge to handbag makers that are already feeling the effects.Handbag sales are also suffering from fewer tourists. Instead shoppers are spending the money they are saving from lower gas prices on entertainment rather than on goods like clothing and accessories.

Fill in the Answer sheet for the article.

Make sure you fill in the graph by marking it as a decrease or an increase in each box.

Leave it blank if there is no change. 

Use a ?  If you can’t tell if there is a decrease or an increase.

Use the graphs attached below.

Graph #

 

Graph Name

 

Pe

 

Q

 

∆ in D

 

∆ in Qd

 

∆ in S

 

∆ Qs

 

10
s.
D.
11
S.
D.
12
D.
Transcribed Image Text:10 s. D. 11 S. D. 12 D.
S.
D.
D.
D.
S.
D.
D.
Transcribed Image Text:S. D. D. D. S. D. D.
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