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.
Homework Answers
A.A decline in quality of games reduces the demand for paid games.Demand curve shifts to the left
Answer-The quality of free playing games declines.
B.A fall in labour productivity shifts the supply curve for labour to the left.
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a ) Which of the following two events will cause the demand curve for paid cell phone games to shift to the left? ...
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.
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
Which of the following events will shift the labor supply curve to the left? (check all...
Which of the following events will shift the labor supply curve to the left? (check all that apply) The economy falls into a recession. Unemployment benefits rise. Wages begin to rise. Labor productivity falls.
Which of the following would cause a rightward shift of the supply curve for cell-phone services?...
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
1. Which of the following causes the SRAS curve to shift left? A. A decrease in...
1. Which of the following causes the SRAS curve to shift left? A. A decrease in the money supply b. An increase in the Marginal Propensity to Consume c. An increase in the price of oil d. An increase in the amount of human capital e. A decrease in the actual price level 2. Suppose the economy is in its long run equilibrium. If there is a decrease in consumption, what happens in the short run? a. Price level rises...
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 3 Which of the following causes the SRAS curve to shift left? O A decrease in the money supply An increase...
Question 3 Which of the following causes the SRAS curve to shift left? O A decrease in the money supply An increase in the Marginal Propensity to Consume An increase in the price of oil An increase in the amount of human capital A decrease in the actual price level Question 4 Suppose the economy is in its long run equilibrium. If there is a decrease in consumption, what happens in the short run? Price level rises and output rises...
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....
Indicate which of the following will cause a movement along a demand curve. Which will shift...
Indicate which of the following will cause a movement along a demand curve. Which will shift the demand curve to the left? Which will shift the demand curve to the right? Will demand increase or decrease? DRAG AND DROP TO MATCH. MATCH LETTERS TO NUMBERS e.g. 1A, 2B, 3F, 4C, 5E 1. An increase in the price of the good 2. An increase in income for a normal good 3. A decrease in the price of a substitute good 4....
5. How is each of the following events likely to shift the supply curve or the...
5. How is each of the following events likely to shift the supply curve or the demand curve for fast-food hamburgers in the United States? Make sure you indicate which curve (curves) is affected and if it shifts out or in. a. The price of beef triples. b. The price of chicken falls by half. c. The number of teenagers in the economy falls due to population aging. d. Mad cow discase, a rare but fatal medical condition caused by...
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.
Question 3 Which of the following causes the SRAS curve to shift left? O A decrease in the money supply An increase in the Marginal Propensity to Consume An increase in the price of oil An increase in the amount of human capital A decrease in the actual price level Question 4 Suppose the economy is in its long run equilibrium. If there is a decrease in consumption, what happens in the short run? Price level rises and output 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....
5. How is each of the following events likely to shift the supply curve or the demand curve for fast-food hamburgers in the United States? Make sure you indicate which curve (curves) is affected and if it shifts out or in. a. The price of beef triples. b. The price of chicken falls by half. c. The number of teenagers in the economy falls due to population aging. d. Mad cow discase, a rare but fatal medical condition caused by...
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