I have listed the instructions from the assignment along with the questions. Please help me

:))

Determinants of Demand:

1. Change in buyer tastes

2. Change in number of buyers

3. Change in income

4. Change in the prices of related goods (on the demand side)

5. Change in consumer expectations

Determinants of Supply:

6. Change in resource prices

7. Change in technology

8. Changes in taxes and subsidies

9. Change in prices of related goods (on the supply side)

10. Change in producer expectations

11. Change in the number of suppliers.

For example, if a rightward shift in the supply curve for an item were caused by an increase in the number of producers of that item, you would indicate this be entering 11 into the relevant blank. If the demand curve shifted to the left because people didn't like that item anymore (like mimeograph machines), you'd enter 1 into the blank.

In questions 1 - 10, you will be analyzing the copper market. Each of these 10 questions will deal with the supply and demand of copper. Remember, the consumers of copper are usually builders and construction firms. Only one curve shifts per problem. Ready? Ok, so here's the first one -- What would happen in the copper market if:

Governments around the world increase business taxes on the mining of copper.

Demand

Supply:

Equilibrium price:

Equilibrium quantity exchanged

Which determinant changed? (enter a number, 1 through 11)

QUESTION 2

A recession in the United States and other capitalist societies causes the construction industry to slow dramatically. Remember that in this, and the other questions through #10, you are doing the supply and demand analysis for the COPPER mining industry.

Demand:

Supply:

Equilibrium Price:

Equilibrium Quantity Exchanged

Which determinant changed?

QUESTION 3

Builders and construction firms expect that the price of copper will rise dramatically in the near future.

Demand;

Supply:

Equilibrium Price:

Equilibrium Quantity Exchanged

Which determinant changed?

QUESTION 4

Technology has made it possible for electrical current to be conducted efficiently with a very low priced substance such as dental floss (remember, you're analyzing the copper market).

Demand;

Supply:

Equilibrium Price:

Equilibrium Quantity Exchanged:

Which determinant changed?

QUESTION 5

Miners around the world go on strike to protest the presidency of Donald Trump.

Demand;

Supply:

Equilibrium Price:

Equilibrium Quantity Exchanged;

Which determinant changed?

QUESTION 6

President Trump signs into law a bill that says the U.S. government will subsidize the construction of new homes, office buildings, bridges, and other infrastructure projects requiring copper.

Demand;

Supply:

Equilibrium Price:

Equilibrium Quantity Exchanged;

Which determinant changed?

QUESTION 7

A huge vein of copper, the size of Minnesota, has been discovered in ...., of all places,...... Minnesota.

Demand;

Supply:

Equilibrium Price:

Equilibrium Quantity Exchanged;

Which determinant has changed?

QUESTION 8

High society decides that gold has become crass, and now prefers jewelry made of copper because they like the way it turns green.

Demand;

Supply:

Equilibrium Price:

Equilibrium Quantity Exchanged;

Which determinant changed?

QUESTION 9

A technological innovation has made it easier to discover veins of copper and cheaper to extract it from the earth.

Demand;

Supply:

Equilibrium Price:

Equilibrium Quantity Exchanged:

Which determinant changed?

QUESTION 10

Non-capitalist economies around the world begin a phase of rapid economic development, construction and growth, becoming increasingly wealthy, as they begin to adopt more capitalist institutions, as in China, Russia, and the former communist countries of East Europe.

Demand;

Supply:

Equilibrium Price:

Equilibrium Quantity Exchanged:

Which determinant changed?