5. If a new study shows that eating dark chocolate promotes a healthier lifestyle, the (demand/quantity demand) for Ghirardelli 92°% Intense Dark bars at Chocoly Candy Shop will (increase / decrease). 6. If the Federal Reserve announces that the economy is booming and unemployment is at an all time low, the (demand/quantity demand) for cars will (increase / decrease). 7. If the price of Chinese food decreases, there will be an (increase decrease) in the (demand quantity demand) for Lu's Lucky Chinese Food. 8. If the price of waffles increases, there will be an (increase decrease) in the (demand/quantity demand) for waffles.
5. If a new study shows that eating dark chocolate promotes a healthier lifestyle, the (demand/quantity demand) for Ghirardelli 92°% Intense Dark bars at Chocoly Candy Shop will (increase / decrease). 6. If the Federal Reserve announces that the economy is booming and unemployment is at an all time low, the (demand/quantity demand) for cars will (increase / decrease). 7. If the price of Chinese food decreases, there will be an (increase decrease) in the (demand quantity demand) for Lu's Lucky Chinese Food. 8. If the price of waffles increases, there will be an (increase decrease) in the (demand/quantity demand) for waffles.
Chapter5: Markets In Motion And Price Controls
Section: Chapter Questions
Problem 3P
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