Homework Help: economics

Posted by allie on Monday, September 26, 2011 at 4:21am.

Can you please exlain to me if I'm wrong not just correct me.
ps. Ceteris paribusor

the following markets, show whether change causes a shift in supply curve, a shift in demand curve, a movement along the supply curve, and/or a movement along the demand curve.
a.housing market: Consumers’ income fall. *shift in demand curve
b.tea market: the price of sugar goes down.*shift in demand curve
c. coffee market: there is a freeze in Brazil that severely damages the coffee crop.*shift in supply curve
d. fast food market: the number of fast-food restaurants in an area decreases.*shift in demand curve
e.peanut market in the U.S. Southeast: A drought lowers supply.* shift in supply curve

economics - Jennifer, Friday, October 28, 2011 at 4:03pm
Looks right to me!

Answer this Question

Related Questions

investing 2-17 - Which of the following statements about organized security ...
Economics - Is the answer D on this question: 1. The basic principles of ...
Economics are these correct - Are these correct? Thanks, Answer is next to ...
Economics - 1.Which of the following is consistent with the law of supply? a.As ...
Economics - Think of a business. Describe its operation in terms of factor ...
Economics - Its difficult to meet the requirements of ceteris paribus when ...
Economics - "The government decides to increase tax- (ceteris parabis)"...
economics - Assume there are three markets: A: Wool; B: Synthetic Fiber; C: ...
economics - 1. Assume there are three markets: A: Wool; B: Synthetic Fiber; C: ...
ECONOMICS - Grocery stores and gasoline stations in a large city would appear to...

For Further Reading

First Name:
School Subject:
Answer: