Tick the correct cause of the shift in demand, then draw either an inward shift or anoutward shift1) The demand for cots after a baby boom 6 months earlierOP Population changesIncomePriceOR Related goodsO A Advertising and publicityOT TastesP1OE Expectations of future price changesOs Seasonal factorsQ1Quantity2) The demand for a t-shirt after a famous celebrity was seen wearing it on TVOP Population changesIncomePriceOR Related goodsO A Advertising and publicityOT TastesP1OE Expectations of future price changesOs Seasonal factorsQ1Quantity3) The demand for cars if minimum wage decreasedOP Population changesIncomePriceOR Related goodsO A Advertising and publicityOI TastesP1OE Expectations of future price changesOs Seasonal factorsQ1Quantity

NOTE: Since you have asked multiple questions we will be answering only the first one, if you need…

1) The demand for cots after a baby boom 6 months earlier OP Population changes Income Price OR Related goods O A Advertising and publicity OT Tastes OE Expectations of future price changes Os Seasonal factors P1 Q1 Quantity

1) The demand for cots after a baby boom 6 months earlier OP Population changes Income Price OR Related goods O A Advertising and publicity OT Tastes OE Expectations of future price changes Os Seasonal factors P1 Q1 Quantity

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter4: Demand, Supply, And Market Equilibrium

Section: Chapter Questions

Problem 6P

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Question

Tick the correct cause of the shift in demand, then draw either an inward shift or an
outward shift
1) The demand for cots after a baby boom 6 months earlier
OP Population changes
Income
Price
OR Related goods
O A Advertising and publicity
OT Tastes
P1
OE Expectations of future price changes
Os Seasonal factors
Q1
Quantity
2) The demand for a t-shirt after a famous celebrity was seen wearing it on TV
OP Population changes
Income
Price
OR Related goods
O A Advertising and publicity
OT Tastes
P1
OE Expectations of future price changes
Os Seasonal factors
Q1
Quantity
3) The demand for cars if minimum wage decreased
OP Population changes
Income
Price
OR Related goods
O A Advertising and publicity
OI Tastes
P1
OE Expectations of future price changes
Os Seasonal factors
Q1
Quantity

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