Supply amp Demand Curve Shift Examples Intro to Microeconomics

>> YOUR LINK HERE: ___ http://youtube.com/watch?v=TEsp7CzsOU0

Examples of Supply and Demand Curve Shifts. • Find more solutions at: • https://sites.google.com/site/curtisk... • --------------------------------------------------------------------------- • This video offers a solution to the following question: • Show in a diagram the effect on the demand curve, the supply curve, the equilibrium price, and the equilibrium quantity of each of the following events. • a. The market for newspapers in your town. • Case 1: The salaries of journalists go up. • Case 2: There is a big news event in your town, which is reported in the newspapers. • b. The market for St. Louis Rams cotton T-shirts • Case 1: The Rams win the Super Bowl. • Case 2: The price of cotton increases. • c. The market for bagels. • Case 1: People realize how fattening bagels are. • Case 2: People have less time to make themselves a cooked breakfast. • d. The market for the Krugman Wells economics textbook. • Case1: Your professor makes it required reading for all of his or her students. • Case 2: Printing costs for textbooks are lowered by the use of synthetic paper. • ------------------------- • Krugman Wells -- Microeconomics 2nd Ed. -- Chapter 3, Question 4

#############################

New on site