In each of the cases below, explain whether the change will lead to a shift in supply or a shift in demand and in which direction.
(i) You are studying the demand for and supply of coffee for a particular coffee chain. Suppose that this coffee chain is concerned about the environment and bans the use of single-use disposable cups. Consumers are therefore asked to bring in reusable cups or drink their coffee in the store.
(ii) You are studying the market for preschool education. Suppose that the birth rate in the United States increases.
(iii) You are studying the market for a particular beauty product. A YouTube influencer now endorses that beauty product.

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The Answer of In each of the cases below, explain whether the change will lead to a shift in supply or a shift in demand and in which direction.
(i) You are studying the demand for and supply of coffee for a particular coffee chain. Suppose that this coffee chain is concerned about the environment and bans the use of single-use disposable cups. Consumers are therefore asked to bring in reusable cups or drink their coffee in the store.
(ii) You are studying the market for preschool education. Suppose that the birth rate in the United States increases.
(iii) You are studying the market for a particular beauty product. A YouTube influencer now endorses that beauty product.

In Each of the Cases Below, Explain Whether the Change