Other Economics Answers

Demand Review: ( pick one)

Economists announce that unemployment rate will increase over the next six months. The demand for new homes will (increase/decrease).

Which determinant causes this change?

Demand Worksheet: (pick one)

3) Which way will the demand curve shift? (left/right) Draw the new demand curve

Link:

https://drive.google.com/file/d/1qbZa_pvi8QR968bHxJI_ZYesTmbIA5ED/view?usp=drivesdk

Demand Worksheet: (pick one)

3) If federal government says that fish is healthy for you, there demand for fish will (increase/decrease).

Which determinant of demand causes this change?

Demand Worksheet:

2) If a change in price has an effect on change in quantity, this is known as (elastic/inelastic) demand. Give a specific example of this type of demand.

A company sources of long term funds include bonds, preferred stock and common stock. Identify some financing risks associated with these sources and explain how these risks affects the return expected from investments financed by these sources

Demand Worksheet: fill in the blank

1) The law of demand states - when price increases, quantity demand will ______.

When price decreases, quantity demanded will ______.

Demand Curve for Watermelon:

Use the link below for demand schedule and plot it on graph

Link:

https://drive.google.com/file/d/1nt1Skwc60LsnbKuGkR2JMQBy5qQOceEl/view?usp=drivesdk

Plotting Elasticity of Demand:

Use the link below for demand schedule and plot it on a graph

Link: https://drive.google.com/file/d/19TDDS4w2pRi8SfpA07MxhKywtdrynU_C/view?usp=drivesdk

Demand Review: (pick one)

34) An increase in price of Flip Video Camcorders will (increase/decrease) (D/QD).

35) A decrease in taste for iPhones will cause an (increase/decrease) in (D/QD)

Demand Review: (pick one)

31) A decrease in price of coke will cause an (increase/decrease) in (D/QD) for Pepsi.

32) An increase in QD for iPiggy iWiggys suggest (increase in taste/decrease in price/ increase in income).