shutterstock C iii) The price of leather jackets falls. 1209 4 as we [5 Marks] Answer -A & B Questions: Completed 50 Marks shutterstock Scenario: Using the supply-and-demand diagrams, show the following events on the market for sweatshirts. fect [5 Marks] iii)A hurricane in South Carolina in the United States damaged the cotton crop. Answer -A & B Questions: 9

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter6: Consumer Choices
Section: Chapter Questions
Problem 13CTQ: Think back to a purchase that you made recently. How would you describe your thinking before you...
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Grade 11 economics plz help it is a mock test not actual test

Consider the market for minivans:

 

A) For each of the events listed here, identify which of the determinants of demand or supply are affected. [

B) Also indicate whether demand or supply increase or decreases.

C) After that draw the diagram to show the effect on the price and quantity of minivans.

i) People decide to have more children

ii) Engineers develop new automated machinery to produce minivans.

2.Scenario: Using the supply-and-demand diagrams, show the effect of the following events on the market for sweatshirts.

iii)A hurricane in South Carolina in the United States damaged the cotton crop

iiii)The price of leather jackets falls

shutterstock
C
iii)
The price of leather jackets falls.
1209
4
as we
[5 Marks]
Answer -A & B Questions:
Completed 50 Marks
Transcribed Image Text:shutterstock C iii) The price of leather jackets falls. 1209 4 as we [5 Marks] Answer -A & B Questions: Completed 50 Marks
shutterstock
Scenario: Using the supply-and-demand diagrams, show the
following events on the market for sweatshirts.
fect
[5 Marks]
iii)A hurricane in South Carolina in the United States damaged the
cotton crop.
Answer -A & B Questions:
9
Transcribed Image Text:shutterstock Scenario: Using the supply-and-demand diagrams, show the following events on the market for sweatshirts. fect [5 Marks] iii)A hurricane in South Carolina in the United States damaged the cotton crop. Answer -A & B Questions: 9
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