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Author Question: If consumer tastes are changing more in favor of the consumption of a particular good the: a. ... (Read 56 times)

asd123

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on: Jun 30, 2018
If consumer tastes are changing more in favor of the consumption of a particular good the:
 a. market demand curve will shift to the left.
  b. consumer will move up a given demand curve, decreasing the quantity demanded.
  c. consumer would move down a given demand curve, decreasing the quantity demanded.
  d. consumer would move down a given demand curve, increasing the quantity demanded.
  e. market demand curve would shift to the right.

Question 2

When firms advertise their products, they are attempting to:
 a. shift the supply curve of the product to the right.
  b. shift the supply curve of the product to the left.
  c. shift the demand for the product to the right.
  d. shift the demand for the product to the left.
  e. create a surplus of the product.


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chloejackso

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Reply #1 on: Jun 30, 2018
Answer to Question 1

e

Answer to Question 2

c


asd123

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Reply #2 on: Jun 30, 2018
Thank you :)


chloejackso

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Reply #3 on: Jun 30, 2018
Happy to help you


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