which of the following events will causes the demand curve for paid cell phone games to...
which of the following events will causes the demand curve for paid cell phone games to shift to the left?
A. console games become cheaper
B. the quality of free-to-play games declines
C. the price of cell phones games rises
D. the Apple Store increases the fees for hosting cell phone games
Homework Answers
Ans) the correct option is A. console games become cheaper
Console games and cell phone games are substitutes. If console games become cheaper, the demand for cell phone games decline.
Add Answer to:
which of the following events will causes the demand curve for
paid cell phone games to...
Which of the following events will cause the demand curve for paid cell phone games to shift to the left? (check all th...
Which of the following events will cause the demand curve for paid cell phone games to shift to the left? (check all that apply) Console games become cheaper. The quality of free-to-play games declines. The Apple Store increases the fees for hosting cell phone games. The price of cell phones games rises.
a ) Which of the following two events will cause the demand curve for paid cell phone games to shift to the left? ...
a ) Which of the following two events will cause the demand curve for paid cell phone games to shift to the left? The price of cell phones games rises. The Apple Store increases the fees for hosting cell phone games. The quality of free playing games declines. b)Which of the following events will shift the labor supply curve to the left? (choose all right answer ) Wages begin to rise. The economy falls into a recession. Labor productivity falls.
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Which of the following would cause a rightward shift of the supply curve for cell-phone services? a subsidy to cell-phone producers a tax on cell-phone producers an increase in price of cell-phones a decrease in price of cell-phones
6. Will each of the following events result in a movement along the demand curve or...
6. Will each of the following events result in a movement along the demand curve or a shift (left or right?) of the demand curve for McDonald’s Big Mac hamburgers? a. The price of Burger King’s Whopper hamburger declines. b. McDonald’s distributes coupons for $1.00 off the purchase of a Big Mac c. Because of a shortage of potatoes, the price of French fries increases d. Fast-food restaurants post nutrition warning labels e. The U.S. economy enters a period of...
State whether each of the following events will result in a movement along the demand curve...
State whether each of the following events will result in a movement along the demand curve for McDonald's Big Mac hamburgers or whether it will cause the curve to 1.9 shift. If the demand curve shifts, indicate whether it will shift to the left or to the right and draw a graph to illus- trate the shift. a. The price of Burger King's Whopper hamburger declines. b. McDonald's distributes coupons for $1.00 off the pur- chase of a Big Mac....
Suppose that unusually cold weather causes the demand curve for ice cream to shift to the...
Suppose that unusually cold weather causes the demand curve for ice cream to shift to the left. Why will the price of ice cream fall to a new market-clearing level? The cold weather wil O A. shift the supply curve to the left, initially creating a surplus until the price falls to where quantity supplied again equals quantity ○ B. cause the supply curve to become fixed, initially creating a surplus until the price falls to where quantity supplied again...
Question 2 0.07 pts THE PRICE OF A CELL PHONE FALLS. When drawing the demand curve...
Question 2 0.07 pts THE PRICE OF A CELL PHONE FALLS. When drawing the demand curve for cell phones, when the price of a cell phone falls, there is a(n) increase in demand. increase in the quantity demanded. decrease in demand. decrease in the quantity demanded.
the following graph for the next five questions. Assume the demand curve does not extend past...
the following graph for the next five questions. Assume the demand curve does not extend past the axes Cell Phones 350 Questions 1. What is the quantity of cell phones demanded when price is equal to $185 2. At which point (between A, B and C) would consumersas a group enjoy the greatest amount of consumer surplus? 3. Assume now that the price of the cell phone service (what you pay monthly to a carrier) has changed and that the...
State whether each of the following events will result in a movement along the demand curve...
State whether each of the following events will result in a movement along the demand curve for Burger King’s chicken-burger in Halifax or whether it will cause the demand curve to shift either to the right or to the left. Support your argument by drawing a graph to illustrate the shift. 1.1 The price of Burger King’s chicken burger declines. 1.2 The Nova Scotia economy enters a period of rapid growth in incomes. 1.3 A&W claims that they serve beef...
Question 2 (10 points) Other things remain equal, which of the following factors causes the market...
Question 2 (10 points) Other things remain equal, which of the following factors causes the market supply curve of Blue-ray players to shift leftwards? The costs of producing a single Blue-ray player increases. The number of firms selling Blue-ray players increases. The sellers are expecting the price of Blue-ray players to decline in the soon future Non of the above factors causes the market supply curve of Blue-ray players to shift leftwards. Question 3 (10 points) When other things remain...
Which of the following events will cause the demand curve for paid cell phone games to shift to the left? (check all that apply) Console games become cheaper. The quality of free-to-play games declines. The Apple Store increases the fees for hosting cell phone games. The price of cell phones games rises.
State whether each of the following events will result in a movement along the demand curve for McDonald's Big Mac hamburgers or whether it will cause the curve to 1.9 shift. If the demand curve shifts, indicate whether it will shift to the left or to the right and draw a graph to illus- trate the shift. a. The price of Burger King's Whopper hamburger declines. b. McDonald's distributes coupons for $1.00 off the pur- chase of a Big Mac....
Suppose that unusually cold weather causes the demand curve for ice cream to shift to the left. Why will the price of ice cream fall to a new market-clearing level? The cold weather wil O A. shift the supply curve to the left, initially creating a surplus until the price falls to where quantity supplied again equals quantity ○ B. cause the supply curve to become fixed, initially creating a surplus until the price falls to where quantity supplied again...
Question 2 0.07 pts THE PRICE OF A CELL PHONE FALLS. When drawing the demand curve for cell phones, when the price of a cell phone falls, there is a(n) increase in demand. increase in the quantity demanded. decrease in demand. decrease in the quantity demanded.
the following graph for the next five questions. Assume the demand curve does not extend past the axes Cell Phones 350 Questions 1. What is the quantity of cell phones demanded when price is equal to $185 2. At which point (between A, B and C) would consumersas a group enjoy the greatest amount of consumer surplus? 3. Assume now that the price of the cell phone service (what you pay monthly to a carrier) has changed and that the...
Question 2 (10 points) Other things remain equal, which of the following factors causes the market supply curve of Blue-ray players to shift leftwards? The costs of producing a single Blue-ray player increases. The number of firms selling Blue-ray players increases. The sellers are expecting the price of Blue-ray players to decline in the soon future Non of the above factors causes the market supply curve of Blue-ray players to shift leftwards. Question 3 (10 points) When other things remain...
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