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Not sure if I'm doing this correctly. Seems like 'neither' should be an option for some of the boxes but I don't want to answer

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Not sure if I'm doing this correctly. Seems like 'neither' should be an option for some of the boxes but I don't want to answer incorrectly.

image text in transcribed
Fill in the blanks. A B C D E Example Demand shifts right Supply shifts Equilibrium price Equilibrium quantity up or left? right or left? up or down? or down? 2 1. Demand for colorful prom night attire boosts sales of Right fuchsia cummerbunds. 2. The expiration of drug patents increases the number of generic drugs available to consumers. 4 3. Panic reigns on Wall Street as millions of stockholders sell simultaneously. 5 4. GM and Ford overestimate demand and produce too many cars in the midst of a slowdown in the economy. 6 5. The entry of hundreds of nail salons in southern California drags down price and profits. 6. Airline pilots negotiate a dramatic salary increase, and airlines are forced to raise ticket prices. 7. Mexico opens a deep-water port in Ensenada, and shippers shun the LA port. (The market is shipments through the LA port.) 8. Luxury home sales fall as the stock market sputters and wealth falls. 9. 10 Competition in the fast-food industry increases the Right number of restaurants. A B C D E 10. Parking fees for the New York Yankees skyrocket, and Left Right Down Up 17 ticket sales fall. (The market is for baseball tickets.)

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