Cadmium is a chemical element with many industrial uses, including batteries and paint pigments. Suppose that the market f cadmium is highly volatile and can experience many shifts in productivity. Using this information, please place each of the situations in the correct category, according to which situation causes that effect.

Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter4: Markets In Action
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Cadmium is a chemical element with many industrial uses, including batteries and paint pigments. Suppose that the market for
cadmium is highly volatile and can experience many shifts in productivity. Using this information, please place each of the
situations in the correct category, according to which situation causes that effect.
Productivity increases
Productivity decreases
Transcribed Image Text:Cadmium is a chemical element with many industrial uses, including batteries and paint pigments. Suppose that the market for cadmium is highly volatile and can experience many shifts in productivity. Using this information, please place each of the situations in the correct category, according to which situation causes that effect. Productivity increases Productivity decreases
price decreases
quantity demanded decreases
fewer demands will be satisfied
price increases
Answer Bank
quantity demanded increases
more demands will be satisfied
Transcribed Image Text:price decreases quantity demanded decreases fewer demands will be satisfied price increases Answer Bank quantity demanded increases more demands will be satisfied
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