Tuesday
July 29, 2014

Homework Help: micro economics

Posted by fred on Friday, May 13, 2011 at 6:11pm.

For each event, illustrate the impact on the relevant market and determine what will happen to the equilibrium price and quantity in that market.

Event
Market for:
Show which curve shifts
Equilibrium price rise or fall?
Equilibrium quantity increase or decrease?

Economic growth is expected to improve in the next two quarters.
Aluminum




Plastics production capacity has increased.
Plastics




The Japanese government has decided to subsidize its domestic automobile producers with stimulus money.
Automobiles




Manufacturers who use plastic as an input have access to cheaper plastic.
Manufactured goods that use plastic as an input

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

macro economics - For each event, illustrate the impact on the relevant market ...
microeconomics - . For each event, illustrate the impact on the relevant market ...
plz help me - For each event, illustrate the impact on the relevant United ...
economics - For each event, illustrate the impact on the relevant United States ...
Economics - History - For each event explain how the event would affect price, ...
Macroeconomics - If the government imposes a price ceiling of $100 on a market, ...
Economics - Utilizing market demand and market supply curves for spaghetti, help...
economy - consider a perfectly competitive market in which all firms have the ...
economics - Market research has revealed the following information about the ...
micro economics - 1) Assume that the gold-mining industry is competitive. a) ...

Search
Members