Three of the four events described below might reasonably be expected to shift the demand curve for Tacos to a new position. One would not shift the demand curve. The single exception is:
a. a change in people's tastes with respect to Tacos.
b. an increase in the money income of beef consumers.
c. a widespread advertising campaign undertaken by the producers of a product competitive with Tacos.
d. a fall in the price of Tacos.
Question 2
Which of the following is true if the price of coffee increases?
a. The demand for tea, a substitute good, will decrease.
b. The demand for coffee will increase.
c. The demand for coffee and tea will decrease.
d. Both the demand for coffee and tea will increase.
e. The demand for tea, a substitute good, will increase.
A chronogram indicates the timing of evolutionary events
a) Shift your weight at the end of your reach. b) Avoid overreaching.
The adsorption spectrum of rhodopsin compared with the human scotopic spectral sensitivity curve.
How to horizontally shift a quadratic function along the x-axis
Hockey stick” curve
Construct a Lorenz curve that shows income distribution in this society.