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Part 1: For the following questions, you need to determine whether each of the four factors given creates a positive demand shock, a negative demand
Part 1:
For the following questions, you need to determine whether each of the four factors given creates a positive demand shock, a negative demand shock, a positive supply shock, or a negative supply shock for the market in bold. For example, if you are told, "Automobile workers receive higher wages: automobiles," you would indicate that the supply of automobiles will decrease due to higher input costs, and the supply curve will shift to the left." v 1st attempt Part 1 (1 point) See Hint A Birth rates in the United States dedine: Factors That Shift Demand to the Left Factors That Shill Demand to the Right diapers (Decrease Demand) UIncrease Demand Price Price B The government provides subsidies to ethanol Quantity Quantity producers: ethanol Factors That Shill Supply to the Left Factors That Shift Supply to the Right Natural gas (Decrease Supply; (Increase Supply] C producers are Pricel Price making large economic losses: natural gas Quantity Quantity D The price of PlayStation C increases: XboxPart 2 (1 point) A The price of beer increases: Solo Factors That Shift Demand to the Left Factors That Shill Demand to the Right cups (Decrease Demand) (Increase Demand) Price B Henry Ford Price develops C assembly-line production: aut omobiles Quantity Quantity C Starbucks coffee drinkers Factors That Shift Supply to the Left Factors That Shift Supply to the Right suffer due to a (Decrease Supply? (Increase Supply) small coffee Price Price harvest: Starbu cks coffee D Consumer Quantity Quantity incomes decrease: publi C C transportationStep by Step Solution
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