QUESTION 36 A rightward shift in the demand curve for tennis balls could be caused by a. a fall in the price of tennis rackets. b. a fall in income, assuming tennis balls are a normal good. C. a fall in the price of tennis balls. d. a rise in the price of tennis lessons. QUESTION 37 An early frost in the vineyards of Napa Valley would cause a(n) a. decrease in the demand for wine, decreasing price. b. increase in the demand for wine, increasing price. c. decrease in the supply of wine, increasing price. d. increase in the supply of wine, decreasing price.
QUESTION 36 A rightward shift in the demand curve for tennis balls could be caused by a. a fall in the price of tennis rackets. b. a fall in income, assuming tennis balls are a normal good. C. a fall in the price of tennis balls. d. a rise in the price of tennis lessons. QUESTION 37 An early frost in the vineyards of Napa Valley would cause a(n) a. decrease in the demand for wine, decreasing price. b. increase in the demand for wine, increasing price. c. decrease in the supply of wine, increasing price. d. increase in the supply of wine, decreasing price.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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