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1)Flagston Suppose wages in the shoe industry Everything else held constant, this will cause the shoes to increase and the equilibrium quantity of shoes transacted to increase

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1)Flagston Suppose wages in the shoe industry Everything else held constant, this will cause the shoes to increase and the equilibrium quantity of shoes transacted to increase. Select one: A. decrease; supply of B. decrease; demand for C. increase; supply of D. Increase; demand for 3.

2)Module 1- Assignment Fall 2020 - Protected View . Saved to this PC View References Mailings Review Help Search viruses. Unless you need to edit, it's safer to stay in Protected View. Enable Editing 10. Consider the same figure. Suppose that figure 1 shows the market for blueberry muffins. Which of the following can happen as a result of a decrease in the price of blueberries? (Hint: Blueberry is an input) a) A shift in demand from di to d2. b) A shift in supply from si to s2. c) A shift in demand from d3 to d2. d) None of the above 11. Consider figure 1. Suppose that figure 1 shows the market for tires. Which of the following can happen as a result of a decrease in the price of tires. a) A shift in demand from dl to d2. b) A shift in supply from si to s2. c) A shift in demand from d3 to d2. d) A shift in supply from 3 to 52. e) None. 12. Consider the same figure (representing the market for grass fed beef). Which of the following can happen as a result of an increase in the price of corn fed beef? a) A shift in supply from si to s2. b) A shift in supply from 3 to 52. c) A shift in demand from dl to d2. d) A shift in demand from d3 to d2 e) a and c. f) band e. g) a and d. h) b and d.
Es the market for blueberry muffins. d. Which of the following can happen as dB SB $2 sl e B Figure 1 00 umber of producers causes.

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A country's actual and potential cities all have peak real incomes at a size of 50,000 people. The country has eight cities, each with 15,000 identical individuals. The country's government, eager to maintain a small-town feel for its citizens, has long forbid mobility. The country's new president plans to remove all mobility restrictions. The president explains to you that the economic benefits of two 50,000 person cities and one small city of 20,000, coupled with the benefits of free association, would just exceed the current arrangement's benefits. (In this the president is correct.) The president wants you to explain whether the plan is good and what will happen under the plan.

Your jobs here are two: (i) explain what would happen under the plan and (ii) assess the plan (the plan is good, or it is bad, because…). The president is a logical person who grasps graphical analyses. Be clear and thorough about your assumptions and your logic.