Question predict the direction of change for either supply, Ask an Expert

Economics

Question: Predict the direction of change for either supply or demand in the following:

A - several new companies enter the cell phone industry?

B- consumers suddenly decide SUVs are unfashionable?

C- the US surgeon general issues a report stating that tomatoes prevent colds ?

D- forst threathes to damage the coffee crop and consumers espect the price to rise sharply in the future?

E- the price of tea falls. What is the effect on the coffee market?

F- the price of suger rises. What is the effect on the coffee market?

G- tobacco lobbyist convincs Congress to remove the tax paid by sellers on each carton of cigarettes sold?

H- a new type of robot is invented that will pick peaches?

I- nintendo anticipates that the future price of its games will fall much lower than the current price

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M92597876

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