Macro unit 1

For the questions 34-44, determine which graph would be drawn for each scenario and bubbly the corresponding letter on your scantron. Graph B Graph A price D1 Quantity Quantity Graph C Graph D Price Price I p Quantity Quantity 34. An increase in the number of consumers of digital cameras. 35. A decrease in the price of resources used to produce scanners. 36. If used tires are inferior goods, an increase in income will 37. Consumer expectations that the price of digital camcorders will drop. 38. Which of the diagrams illustrates the effect of a decrease in automobile worker wages on the market for autos? 39. Which of the diagrams illustrates the effect of a decrease in the price of Coke upon the market for Pepsi? 40. Which of diagrams illustrate the effect of an increase in the price of computer chips (resource cost) upon the market for computers? 41. Which of the diagrams illustrate the effect of a decrease in consumer income upon the market for secondhand clothing? 42. Which of the diagrams illustrate the effect of an increase in the price of batteries on the market for flashlights? 43. Which of the diagrams illustrates the effect of people becoming more concerned that eating candy causes them to gain weight on the candy market? 44. Which of the diagrams illustrates the effect of the development of a new deep sea drilling technology on the market for oil