Answer by decrease or increase for both equilibrium price and quantity. Move only 1 curve, either demand
Fantastic news! We've Found the answer you've been seeking!
Question:
Answer by "decrease" or "increase" for both equilibrium price and quantity.
Move only 1 curve, either demand or supply, that has more direct impact from a change in the economy.
1) White House and governments made a big campaign for healthy food at school. What do you expect to the apple market? (Think only a direct impact, at this point of practice.)
2) Toyota recalled their cars widely for last 2 years. Analyze an effect on Toyota brand car market.
3) Even in recession, it is reported that fast fashion firms are making large profits. What do you expect to happen in fast fashion market?
Posted Date: