Question

please answer all the multiple choices 16 through 20

d a decrease in the supply of leftuce an increase in the price and a decrease in the quanitity demanded Assume that pink salmon is a normal good and consumers income increases You accurately predict that in the market for pink salmon, there will be a an increase in the demand of pink salmon, an increase in the price and an increase in quantity supplied b an increase in the quantity supplied of pn salmon, areduction inthe price and an increase in the quantity demanded c an increase in the demand for pink salmon, a reduction in the price and an ncrease in the supply d. an increase in the supply of pink salmon, an increase in the price and a decrease in the quantity demanded 17 Assume that pink salmon is an inferior good and consumers' income increases. You accurately predict that in the market for pink salmon, there will be a. a decrease in the demand of pink salmon, a decrease in the price and a decrease in quantity supplied b. an increase in the quantity supplied of pink salmon, a reduction in the price c an increase inthe demand for pnk salmon, areduction in the price and an d. an increase in the supply of pink salmon, an increase in the price and a and an increase in the quantity demanded ncrease in the supply decrease in the quantity demanded 18. As per a recent health news report, raw fish and thus, sushi, could be harmful to one's health. You accurately predict a. a decrease in the demand of sushi, that in the market for sushi, there will be: an increase in the price and a decrease in b. an increase in the quantity supplied of sushi, a reduction in the price and an c. a decrease in the demand for sushi, a reduction in the price and a decrease in d. an increase in the supply of sushi, an increase in the price and a decrease in supply ncrease in the quantity demanded the quantity suppliec the quantity demanded 19. Apples and oranges are substitute goods in consumption. If a hurricane in Florida destroyed a large portion of the orange crop, a. the price of both apples and oranges will rise b. the price of both apples and oranges will fal c. the price of apples will rise and the price of oranges will fall. d. the price of apples will fall and the price of oranges will rise. 20. When demand and supply decrease in a market at the same time, you can accurately predict their effect on a. equilibrium quantity only b. equilibrium price only c. both equilibrium price and quantity d. neither one, life is so unpredictable

Answer 1

An increase in the demand of pink salmon an increase in the price and an increase in quantity supplied a decrease in the demand of pink salmon, a decrease in the price and a decrease in quantity supplied \r\n a decrease in the demand for sushi, a reduction in the price and a decrease in the quantity supplied the price of both apples and oranges will rise because due to hurricane less supply of oranges