The supply curve in Figure 3P-2 shows the monthly market for sweaters at a local craft market. For each of the following events, draw the new outcome. 11eb69fa_968c_c379_ba7a_d5285cb0d1fb_SM2313_00 a. The price of wool increases. b. Demand for sweaters decreases. c. A particularly cold winter is expected to begin next month. d. Demand for sweaters increases.

Economics 1st Edition by Dean Karlan,Jonathan Morduch

النسخة 1الرقم المعياري الدولي: 978-0073511498

Economics 1st Edition by Dean Karlan,Jonathan Morduch

النسخة 1الرقم المعياري الدولي: 978-0073511498

تمرين 21

The supply curve in Figure 3P-2 shows the monthly market for sweaters at a local craft market. For each of the following events, draw the new outcome.

a. The price of wool increases.
b. Demand for sweaters decreases.
c. A particularly cold winter is expected to begin next month.
d. Demand for sweaters increases.

التوضيح

موثّق

Shift and movement:
A shift in the deman...