The Washington Post Article you read for this module depicts a _____ shift in the _____ for cardboard boxes, since people are using more boxes. Question 7 options: Rightward; supply Rightward; demand Leftward; supply Leftward; demand
The Washington Post Article you read for this module depicts a _____ shift in the _____ for cardboard boxes, since people are using more boxes.
Question 7 options:
Rightward; supply
Rightward; demand
Leftward; supply
Leftward; demand
According to George Staphos (in the Washington Post article), what is happening in the cardboard box industry?
Question 8 options:
Consumer behavior is changing, and prices are rising.
Producer behavior is changing, and prices are rising.
Producer behavior is changing, and prices are falling.
The Washington Post article mentions Georgia-Pacific "running its mills at full capacity." This most likely would represent _____ movement along the _____ curve.
Question 9 options:
an upward; supply
a downward; supply
a downward; demand
an upward; demand
If cardboard boxes go up in
Question 10 options:
It should shift left, because boxes are considered to be "technology."
It should shift right, because boxes are considered to be "technology."
It should shift right, because boxes are an input cost.
It should shift left, because boxes are an input cost.
Suppose that cardboard boxes become expensive and scarce. You purchase a large box of yo-yos from Amazon. Which of the following might happen as a result? Select all that might possibly apply, even if they do not all happen at the same time.
Question 11 options:
You might receive your package with no extra box--just the shipping label on the yo-yo box.
You might be charged more to cover the increased cost.
You might be asked to select either a box (for an additional fee) or no box for items that can go without (such as the yo-yos).
Amazon might use a shipping bag instead of a box.
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