Question
Suppose that both groups of students are on the right track, each of the events described above, are partially responsible for the decrease in the
Suppose that both groups of students are on the right track, each of the events described above, are partially responsible for the decrease in the price of chicken wings. Based on your analysis of the explanations offered by the two groups of students, how would you determine which of the possible causes was the dominant cause of the decrease in the price of chicken wings?A. ? If the equilibrium quantity of chicken wings increases, then the supplied shift in the market for chicken wings must have been larger than the demand shift.B. If the price decrease was larger than the supply shift in the market for chicken wings must have been larger than the demand shiftC. Which ever change occurred first must have been the primary cause of the changing the price of chicken wings.D. Is equilibrium quantity of chicken wings increases in the demand shift in the market for chicken. Wings messed up and larger than the supply shift
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