7Which graph below shows what will happen to Cecilia's demand for designer shoes if she usually buys several pairs each year, but this year she lost her job? Shifts in Demand
8Which statement below best describes what will most likely happen, from an economic standpoint, when a music group with growing popularity goes on tour and sells out a certain venue in hours with tickets for $25 apiece?
Prevailing Price 9George wants to get rid of his old car so he can purchase a newer model. He has figured out that he will not accept a price lower than $3,000, but a buyer offers to pay $5,000 for the car.