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9. {(1.5 points] Suppose consumers discover that strawberry jam prices are likely to decrease dramatically next month. and this discovery causes the consumers to change their expectations. Will this expectation change shift the current demand or supply {pick one} for strawberry jam? And will that shift in current demand or supply be an increase or decrease {pick one]? 1'). (1 point} A season with poor weather for growing decreases the supply of iceberg lettuce in the United States. Briefly explain the anticipated result in terms of mu the price for iceberg lettuce and the equilibrium quantity of iceberg lettuce bought and sold. 11. {1 point) Suppose that demand suddenly decreases for good 2. while at the same time. supply suddenly decreases. Given that information. answer parts a. and b. below. a. The equilibrium price for good Z will WFWW {choose one of the underlined options). b. The equilibrium quantity for good Z will wmim {choose one of the underlined options). 12. (0.5 point) Suppose a price floor is introduced above the equilibrium price in the market for construction labor. in one brief sentence, describe the result in terms of quantity demanded and quantity supplied for construction labor. 13. (0.5 pointsjt the efcient market equilibrium. it is impossible to increase producer surplus without reducing (ll in the blank). 14. (1 point} A price ceiling is introduced and is set below the equilibrium price in the market for organic tomatoes. Use that information to answer parts a.. b., and c. below. a. Will there be a deadweight loss in the market for organic tomatoes as a result of the price ceiling? in. There will be an increase to: W W (choose one of the underlined options). c. There will be a decrease to: W and producer surplusi neither consumer gr prodgggr sugglus {choose one of the underlined options). PreviousN ext