Read the scenario and determine if it wil change the supply or the demand of the market listed. Will equilibrium price increaseor decrease ? Will equilibrium quantit increase or decrease? Market: Sugar produced in the United State Scenario: Tarifts on imported sugar lead U.S, sugar to buy more from U.S, sugar producers. Supply or demand? Equilibrium price? Equillbrium quanity?
Question 1:
QUESTION d
Read the scenario and determine if it wil change the supply or the demand of the market listed. Will
Market: Sugar produced in the United State Scenario: Tarifts on imported sugar lead U.S, sugar to buy more from U.S, sugar producers.
Supply or demand?
Equilibrium price?
Equillbrium quanity?
Market: Chunky Monkey Icecream
Scenario: Social Media Influencer Addison Rae advertises Kemps vanilla frozen yogurt to her 100 million followers.
Supply or demand?
Equilibrium Price?
Equilibrium Quanity?
Market: New computer
Scenario: U.S treasury announces new stimulus check that would be sent to all households.
Supply or demand?
Equillibrium Price?
Equillibrium Quantiy?
Market: Trucking Service
Scenario: OPEC announces a massive oil production increase driving down the cost of gas
Supply or demand?
Equilibrium Price?
Equilibrium Quantity?
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