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95 1 News stories predict that prices of milk will go down next week and be lower than consumers had anticipated. In the market today,...
\""95\"\" 1 News stories predict that prices of milk will go down next week and be lower than consumers had anticipated. In the market today,... Not yet answered 0 a. Price of milk falls and the quantity of milk falls. Points out nf 1.00 l' Flag question 0 d. Price of milk rises and the quantity nf milk rises. O b. Price of milk falls and the quantity of milk rises. O c. Price of milk rises and the quantity of milk falls. Guam\" 2 Analysts that work for the producers of gold report that the price of gold will be higher next year than previously expected. In equilibrium today, the... Nut yet \"were\" 0 a. Price of gold rises and the quantity of gold falls. Points (ml of . . \"m 0 b. Price of gold falls and the quantity of gold falls. F Flag 0 1:. Price of gold rises and the quantity of gold rises. question 0 d. Price of gold falls and the quantity of gold rises. Question 3 The price of salsa rises. How does the increase in the price of salsa affect the supply of salsa? Not yet answered Select one: Points out of 1.00 O A. There is no change to either the supply of salsa or the quantity of salsa supplied. P Flag O B. The supply of salsa increases question O C. There is no change to the supply of salsa, but the quantity of salsa supplied decreases. O D. There is no change to the supply of salsa, but the quantity of salsa supplied increases. O E. The supply of salsa decreases.Question 4 Producers receive new information that makes them expect the future price of the to be higher than previously thought. In the market today, there will be a(n)... Not yet answered O a. Expansion of Supply Points out of O b. Expansion of Demand 1.00 O c. Contraction of Demand P Flag question O d. Contraction of SupplyQuestion 5 If you observe that price decreased and quantity increased in a market, those changes could be caused by... Not yet answered O a. Contraction of Supply Points out of 1.00 O b. Contraction of Demand Flag O c. Expansion of Demand question O d. Expansion of Supply
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