For each of the following markets, indicate whether the stated change causes a shift in the supply curve, a shift in the demand curve, a movement along the supply curve, and/or a movement along the demand curve.
(A) The hausing market: consumers' incomes fall.
(B) The tea market: there is m increase in the production in India.
(C) The coffee market: the price of cream goes upa.
(D) The fast-foad markat: the number of cansumers in an area decreases
(E) The gasoline market: goverment regulations raise production costs.

Question

For each of the following markets, indicate whether the stated change causes a shift in the supply curve, a shift in the demand curve, a movement along the supply curve, and/or a movement along the demand curve.
 (A) The hausing market: consumers' incomes fall.
(B) The tea market: there is m increase in the production in India.
(C) The coffee market: the price of cream goes upa.
(D) The fast-foad markat: the number of cansumers in an area decreases
(E) The gasoline market: goverment regulations raise production costs.

Quizplus · Accepted Answer

The Answer of For each of the following markets, indicate whether the stated change causes a shift in the supply curve, a shift in the demand curve, a movement along the supply curve, and/or a movement along the demand curve.
 (A) The hausing market: consumers' incomes fall.
(B) The tea market: there is m increase in the production in India.
(C) The coffee market: the price of cream goes upa.
(D) The fast-foad markat: the number of cansumers in an area decreases
(E) The gasoline market: goverment regulations raise production costs.

For Each of the Following Markets, Indicate Whether the Stated