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Economics Homework Help

Question

Question 1:-
If new manufacturers enter the computer industry, the [a] curve will [b] to the [c].
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Question 2:-
Andy views beer and pizza as complements to one another. If the price of pizza decreases, economists would expect Andy's demand for [a] to [b].
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Question 3:-

Various factors cause the demand curve to shift. These can include:

change in income

changes in the number of buyers

changes in future expectations

all of the above.

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Question 4:-

A drought decreases the supply of agricultural products, which means that at any given price a lower quantity will be supplied; conversely, especially good weather would shift the                                                   .

demand curve to the right

supply curve to the right

supply curve to the left

demand curve to the left