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Question 33 (1 point) Listen When you opened your Panera Bread franchise, the corporate office promised not to open any new stores in your area

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Question 33 (1 point) Listen When you opened your Panera Bread franchise, the corporate office promised not to open any new stores in your area for five years. Your first five years are up. when considering your market. which of the below will be affected with the arrival of more stores. Suppose that store prices are set by the franchisee. (Choose the most appropriate answer) Only the quantity demanded Supply Demand Only the quantity supplied Question 34 (1 point) Listen Regarding the question above, describe the new equilibrium relative to the old equilibrium. (Graph First) Price increases and the quantity decreases, Price decreases and the quantity increases. Price decreases and the quantity decreases. Price increases and the quantity increases. Question 35 (1 point) Listen Regarding the question above, choose the affected shift factor. Income Input price The number of consumers The number of sellers Expectations The price of a related good (production) Technology The price of a related good (consumption) Tastes

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