Please choose the correct option for each question thank you!

1a. Consider the effect of the following scenario on the demand for Nike shoes.

What will happen if the price of new Adidasshoes falls by 20%.

Prices of related goods; decrease; leftward shift

Prices of related goods; increase; rightward

Prices of related goods; decrease; rightward

Consumer tastes and preferences; decrease; leftward

Change in consumers' income; decrease; leftward

1b. Consider the effect of the following scenario on the demand for Nike shoes.

The price of socks increases by 40%.

Price of related goods; decrease; leftward

Prices of related goods; decrease; rightward

Prices of related goods; increase; rightward

Prices of related goods; increase; leftward

1c. Consider the effect of the following scenario on the demand for Nike shoes.

Consumers' incomes rise by 36%.

Changes in income; increase; rightward

Changes in income; increase; leftward

Changes in income; decrease; leftward

Changes in expectations; increase; rightward

Price of related goods; increase; rightward

1d. Consider the effect of the following scenario on the demand for Nike shoes.

Through government's immigration reform causing completely open borders, the size of the population doubles overnight.

Change in number of consumers; increase; rightward

Change in the number of consumers; decrease; leftward

Changes in income; increase; rightward

Changes in expectations; increase today; rightward

Changes in tastes/preferences; decrease; leftward