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+ if the
_______________1. Pablo lost his job.
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- Will demand curves have the same exact shape in all markets? If not, how will they differ?+ if the demand will increase and - if the demand will decrease_______________5. Karla’s salary has been cut off by half because of the irregular days of work.llustrate in the below graph the consequences caused by an oversupply (high increase) on supply and a slight decline (small decrease) of demand -What will happen with the price of oil, will increase or decrease? -What about the total quantity of oil production, will increase or decrease? . please make sure the answer is correct 100%
- Quantity Supplied Price Quantity Demand 5000 $2 12,000 6000 $4 9,500 7000 $6 7,000 8000 $8 4,500 9000 $10 2,000 A) If the price is this market is $8, how big is the imbalance in the market?In case of excess demand, we should______________? Increase the demand Increase the export Increase the CP IIncrease the importCalifornia is a large producer of strawberries. Oh No! There is a killer frost that kills half of the crop! (A)How has this affected supply or demand of strawberries? (B)What has happened to the price of strawberries? Please justify your answer by graphing the change in either supply or demand, as well as the change in price.
- + if the demand will increase and - if the demand will decrease_______________3. The price of pork increases rapidly.The demand for onions is very inelastic. Draw a supply/demand diagram that shows how the equilibrium price and quantity will change when a drought reduces supply. Label the axes and the prices and quantities both before and after the supply change. Then, write a few sentences explaining what happened to prices relative to quantities and why.Explain total market demand?
- IV. Before the pandemic, face masks were only used in certain hospitals handling highly contagious pulmonary diseases such as San Lazaro Hospitals and the ICUs of every hospital. However, studies and other health organizations and agencies talk about it’s effectiveness to prevent people from contracting the virus. Which of the following non-price determinants will affect the demand and in what way? How will it affect the country’s economy?Only typed answer If the demand in a market is Q = 63 – 4P and the supply is Q = -3 + 3P, then what is the equilibrium price (rounded to two decimal places)?A: Differentiate between change in quantity supplied and change in supply, with the help of examples. B: Explain the determinants of supply with suitable example