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4 questions
10. The demand for coffee shifts to the right. What would explain this change?
A rise in the price of coffee
A rise in the price of tea
A successful advertising campaign for tea
A health report indicating that drinking coffee can cause headaches
An increase in demand is represented by:
A movement down the demand curve
A movement up the demand curve
A shift to the left of the demand curve
A shift to the right of the demand curve
How would an increase in supply be illustrated?
A movement up the supply curve
a movement down the supply curve
A shift to the left of the supply curve
A shift to the right of the supply curve
What would cause an increase in the supply of milk?
an increase in the price of cattle feed
an increase in wages paid to farm workers
the introduction of a subsidy to cattle farmers (sum given by the government)
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