D observing the behavior of an individual consumer in

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D)observing the behavior of an individual consumer in a market.E)observing the prices and quantities sold in a market over time and plotting thoseprice-quantity combinations in a graph.
8)Hot dogs and hot dog buns are complements. If the price of a hot dog falls, then8)
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PossibilityBread(number)Books(number)ABCDE01002003004001,00090070040009)The table above shows the production possibilities for an economy. The opportunity cost of a loafof bread is ________ when moving from possibility B to possibility C.9)
10)The figure above shows the market for iPods. Which of the following creates a movement frompointAto pointB?10)
11)The figure above shows the market for iPods. Which of the following shifts the demand curve fromD0toD1?11)A)an increase in people's incomesB)a requirement that all students at universities have an iPodC)a decrease in the price of iPodsD)a decrease in the price of Zunes, a substitute for iPodsE)an increase in the price of iPods
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12)The figure above shows the market for iPods. Which of the following shifts the demand curve fromD0toD2?12)
13)Autoworkers negotiate a wage increase. How does this change affect the supply curve of cars?13)
14)The above figure shows the market for laptops. Which of the following causes a movement fromtoAB?14)
15)Because of the high cost of fuel, railroads such as Union Pacific Corp and CSX Corp have increasedthe price they charge to haul freight. This change means that15)A)the supply curve for hauling freight has shifted rightward.

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Term
Winter
Professor
N/A
Tags
Supply And Demand, producer, Area E, possibility D

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