Question
6. What will happen to the demand curve for ice cream in a very hot summer in Guelph? a. It will shift to the left.
6. What will happen to the demand curve for ice cream in a very hot summer in Guelph?
a. It will shift to the left.
b. It will shift to the right.
c. It will remain stable but we would move down the curve.
d. It will remain stable but we would move up the curve.
7. A dress manufacturer is expecting higher prices for dresses in the near future. What would we expect?
a. the dress manufacturer to supply more dresses now
b. the dress manufacturer to supply fewer dresses now
c. the demand for this manufacturer's dresses to fall
d. no change in the dress manufacturer's current supply
\fPrice S $40 35 30 25 20 15 10 D 5 100 200 300 400 500 600 700 800 Quantity
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started