1. What will happen to the market for Budweiser if the price of Miller falls?{ [ Select ] ["The demand for Budweiser will increase.", "The demand for Budweiser will decrease.", "The supply of Budweiser will increase.", "The supply of Budweiser will decrease."] } 2. What will happen to the market for tea if storms destroy 30% of coffee trees in the world? Assume coffee and tea are substitutes. { Select ] ["The price and quantity of tea will increase.", "The price and quantity of tea will decrease.", "The price of tea will increase while the quantity of tea sold will decrease.", "The price of tea will decrease while the quantity of tea sold will increase."] } 3. What will happen to the market for bread if good weather leads to an increase in the amount of wheat harvested?( [ Select ] ["The demand for bread will increase.", "The demand for bread will decrease.", "The supply of bread will increase.", "The supply of bread will decrease."] } What will happen to the market for butter if good weather leads to an Increase in the amount of wheat harvested?{ [ Select ] ["The price and quantity of butter will increase.", "The price and quantity of butter will decrease.", "The price of butter will rise while the quantity of butter sold will decrease.", "The price of butter will fall while the quantity of butter sold will increase."] } 5. What will happen to the market for automobiles if the price of steel falls?(["The demand for automobiles will increase.", "The demand for automobiles will decrease.", "The supply of automobiles will increase.", "The supply of automobiles will decrease."] } 6. What will happen to the market for automobiles if the wage of automobile workers rises?{ [ Select ] ["The demand for automobiles will increase.", "The demand for automobiles will decrease.", "The supply of automobiles will increase.", "The supply of automobiles will decrease."] } 7. What will happen to the market for automobiles if consumer incomes increase?{ [ Select ] ["The demand for automobiles will increase.", "The demand for automobiles will decrease.", "The supply of automobiles will increase.", "The supply of automobiles will decrease."] } What will happen to the market for automobiles if interest rates rise?{ [ Select ] ["The demand for automobiles will increase.", "The demand for automobiles will decrease.", "The supply of automobiles will increase.", "The supply of automobiles will decrease."] } 9. What will happen to the market for Blu-ray discs if the price of Blu-ray players falls?{ [ Select ] ["The demand for Blu-ray discs will increase.", "The demand for Blu-ray discs will decrease.", "The supply of Blu-ray discswill increase.", "The supply of Blu-ray discs will decrease."] } 10. What will happen to the market for college education if the unemployment rate falls?{ [ Select ] ["The demand for college education will increase.", "The demand for college education will decrease.", "The supply of college education will increase.", "The demand for college education will decrease."] } 11. What will happen to the market for raisin bread if fungi wipe out a half of the grapes in Calfornia?{ [ Select ] ["The demand for raisin bread will increase.", "The demand for raisin bread will decrease.", "The supply of raisin bread will increase.", "The supply of raisin bread will decrease."] } 12. What will happen to the market for garden gnomes if they regain widespread popularity?{ [ Select ] ["The demand for garden gnomes will increase.", "The demand for garden gnomes will decrease.", "The supply of garden gnomes will increase.", "The supply of garden gnomes will decrease."] } 13. What will happen to the market for violins if the the cost of wood rises?{ [ Select ] ["The demand for violins will increase.", "The demand for violins will decrease.", "The supply of violins will increase.", "The supply of violins will decrease."] } 14. If a snowstorm was forecast for the next day, what would happen to the market for snow shovels that day?( [ Select ] ["The demand for snow shovels would increase.", "The demand for snow shovels would decrease.", "The supply of snow shovels would increase.", "The supply of snow shovels would decrease."] } . In the 1990s, the Atkins diet, which emphasized eating more meat and fewer grains, became very popular. What happened to the market for bread?{ [ Select ] ["The demand for bread increased.", "The demand for bread decreased.", "The supply of bread increased.", "The supply of bread decreased."] } 16. Many clothing stores often have clearance sales at the end of each season. What is happening in the market for clothing at the end of each season?{ [ Select ] ["The demand for clothing is increasing.", "The demand for clothing is decreasing.", "The supply of clothing is increasing.", "The supply of clothing is decreasing."] } . The fair-trade movement increases the demand for fair-trade certified coffee. How does this affect the market for non-certified coffee?{ [ Select ] ["The demand for non-certified coffee increases.", "The demand for non-certified coffee decreases.", "The supply of non-certified coffee increases.", "The supply of non-certified coffee decreases."] } 18. A zoning law restricts construction of new homes and apartments. How does this affect the market for housing in the nearby places without zoning laws?{ [ Select ] ["The demand for housing nearby increases.", "The demand for housing nearby decreases.", "The supply of housing nearby increases.", "The supply of housing nearby decreases."] } 19. 19th century paleontologists traveling to China used to pay peasants for each piece of dinosaur bone that they presented. What happened to the market for dinosaur bone pieces?{ [ Select ] ["The demand for dinosaur bone pieces increased.", "The demand for dinosaur bone pieces decreased.", "The supply of dinosaur bone pieces increased.", "The supply of dinosaur bone pieces decreased."] } 20. In colonial India, the British government wanted to decrease the population of venomous cobra snakes, so they offered a reward for every dead snake. What happened to the market for dead cobra snakes?{ [ Select] ["The demand for dead cobra snakes increased.", "The demand for dead cobra snakes decreased.", "The supply of dead cobra snakes increased.", "The supply of dead cobra snakes decreased."] }