Q)If you know that the market of banana is in equilibrium, and if you know that the media encourages customers to use more banana in their diet because it is healthy, also the farmers said that the crop of banana has increased because of the good weather conditions. A. What is the impact of this case on the demand curve of banana? Will it shift to the right or to the left or no shift? B. What is the impact of this case on the supply curve of banana? Will it shift to the right or to the left or no shift? C. What is the impact of this case on the equilibrium price and the equilibrium quantity of banana? for ech of them state if it will increase or decrease or unspecified.
Q)If you know that the market of banana is in equilibrium, and if you know that the media encourages customers to use more banana in their diet because it is healthy, also the farmers said that the crop of banana has increased because of the good weather conditions. A. What is the impact of this case on the demand curve of banana? Will it shift to the right or to the left or no shift? B. What is the impact of this case on the supply curve of banana? Will it shift to the right or to the left or no shift? C. What is the impact of this case on the equilibrium price and the equilibrium quantity of banana? for ech of them state if it will increase or decrease or unspecified.
Chapter4: Demand, Supply, And Market Equilibrium
Section: Chapter Questions
Problem 20P
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Q)If you know that the market of banana is in equilibrium, and if you know that the media encourages customers to use more banana in their diet because it is healthy, also the farmers said that the crop of banana has increased because of the good weather conditions.
A. What is the impact of this case on the demand curve of banana? Will it shift to the right or to the left or no shift?
B. What is the impact of this case on the supply curve of banana? Will it shift to the right or to the left or no shift?
C. What is the impact of this case on the
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