Answer shift to the right increase not shift not

Answer
shift to the right; increase
not shift; not change
not shift; increase
shift to the left; decrease
Add Question Here
Multiple Choice 0 points
Question
A new wonder diet that results in a dramatic loss of weight sweeps through America. The key to
the diet is to eat unlimited amounts of red meat (beef) but no poultry or carbohydrate-rich foods.
As millions of Americans switch to the new diet, we can expect:
Answer
an increase in the demand for beef, leading to a shift to the right in the demand
curve for beef and higher beef prices.
an increase in the demand for beef, leading to a shift to the right in the demand
curve for beef and lower beef prices.
a decrease in the supply of beef, leading to a shift to the left in the supply curve for
beef and higher beef prices.
a decrease in the demand for beef, leading to a shift to the left in the demand curve
for beef and higher beef prices.
Add Question Here
Multiple Choice 0 points
Question
A new wonder diet that results in a dramatic loss of weight sweeps through America. The key to
the diet is to eat unlimited amounts of red meat (beef) but no poultry or carbohydrate-rich foods.
As millions of Americans switch to the new diet, we can expect:
Answer
a decrease in the supply of poultry, leading to a shift to the left in the supply curve
for poultry and higher poultry prices.
an increase in the supply of poultry, leading to a shift to the right in the supply curve
for poultry and higher poultry prices.
a decrease in the demand for poultry, leading to a shift to the right in the demand
curve for poultry and lower beef prices.
a decrease in the demand for poultry, leading to a shift to the left in the demand
curve for poultry and lower poultry prices.
Add Question Here
Multiple Choice 0 points
Question
Consider two competing motorcycle manufacturers, Harley-Davidson and Honda. If Harley-
Davidson raises the price that it charges for its motorcycles, we can expect:
Pool Canvas
Krugman; Rob...
55 of 106
9/23/2012 06:54 uni0645

Answer
a shift to the right in the supply curve of Hondas and lower prices for Hondas.
a shift to the left in the supply curve of Hondas and higher prices for Hondas.
a shift to the right in the demand curve for Hondas and higher prices for Hondas.
a shift to the left in the demand curve for Hondas and lower prices for Hondas.
Add Question Here
Multiple Choice 0 points
Question
Figure: Four Markets for DVDs
Reference: Ref 3-15
(Figure: Four Markets for DVDs) Which of the graphs shows an increase in the quantity demanded
of DVDs?
Answer
A
B
C
D
Add Question Here
Multiple Choice 0 points
Question
Figure: Four Markets for DVDs
Pool Canvas
Krugman; Rob...
56 of 106
9/23/2012 06:54 uni0645

Reference: Ref 3-15
(Figure: Four Markets for DVDs) Which of the graphs illustrates what may happen in the market
for DVDs if there is an increase in the cost of a movie ticket at the local theater?