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Please help me with these questions 10..Assuming that-chicken.and beef.are.substitutes, a.decrease in the price.of.beef, other-things.being. equal, will: 1 a. . > Decrease-the-demand.for.beef. ... b.. Increase-the-demand for

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10..Assuming that-chicken.and beef.are.substitutes, a.decrease in the price.of.beef, other-things.being. equal, will: 1 a. . > Decrease-the-demand.for.beef. ... b.. Increase-the-demand for chicken. 1 C. . > Decrease-the-demand.for.chicken. d. = Increase-the-demand.for.beef. .15..To.an.economist, a-decrease-in.demand-means. the same-thing-as a.decrease.in.quantity-demanded. 1 a . . - Truen b. False-1 6.-Which.of the following.best.represents.the effects.of an.increase.in.the-price-of.coffee,.other-things. being equal?9 a . . A leftward-shift.in-the-demand curve.for.coffee.1 b.. A.downward.movement.along-the.demand curve.for coffee. 1 C.' A.rightward-shift.in.the-demand curve.for.coffee. 1 d.. An-upward movement.along. the.demand.curve.for.coffee. .1 7.An.increase-in.the expected.future.price-of.a-good.will.cause.the.current.demand.for.the.good.to:1 a. . - Decrease, which is.a-shift.to. the.left.of.the-demand.curve. 1 b.. Decrease,which.is.a.shift.to.the.right.of.the-demand.curve.1 C.' Increase, which.is.a-shift. to. the-left. of.the-demand.curve. 1 d.. . - Increase, which.is.a-shift.to.the-right-of.the-demand curve. .9 8..A.change-in.demand-cannot.be.caused by a.change-in: 1 a . . Tastes. 1 b.. Population. 1 C." The-prices.of.other.goods. 1 d.. - Expectations of future-prices. 91 e. . The-price-of the.good-itself. .9 9. .Assuming that.bus.travel.is.an-inferior.good, .an.increase.in.consumer-income, other things.being. equal, will cause-a.(n):1 a.. - Upward movement.along the-demand curve.for.bus.travel. b.. Downward.movement.along.the.demand.curve.for-bus.travel. 1 C.' - Rightward.shift.in-the-demand curve.for.bus.travel. 91 d.. - Leftward.shift.in-the-demand curve.for.bus.travel. .1.1. .The law-of.demand-is.graphically.demonstrated.by-a.(n):0 a.. - Perfectly.vertical-demand curve. 1 b.. - Perfectly.horizontal.demand-curve. 1 C. . Downward-sloping-demand curve. 1 d.. - Upward-sloping.demand curve. 9 e." - Curved.demand.line. .1 2.The negative.slope.of.the-demand curve-reflects.the: 1 a. . Positive.relationship between.price-and.quantity. 1 - Proportional-relationship.between.price.and-quantity. 1 C. . Inverse relationship.between.price.and.quantity. 1 . - Positive.relationship.between-income-and-quantity. 9 e.. - Inverse relationship.between.income-and.price. .9 3..Which.of the following.can-bring.about.a.change-in.the.quantity.demanded?9 a.' - Change in.taste. 1 b.. - Change.in-quality. 1 C.' - Change.in.income. 1 . - Change-in.product.price. 1 . - All-of the above. ...1 4. .When.economists say.the.quantity-demanded.of a-product.has increased, they.mean.the: 1 a.' . - Demand curve.has.shifted to.the-left.1 b.. Demand curve.has.shifted.to-the-right. 1 C." Price.of.the product.has.fallen, and.consequently,.consumers.are.buying.more-of.it. 1 d.. . > Price.of.the.product.has risen, .and.consequently,.consumers .are-buying.less-of.it. .1

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