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Unit 3A Quiz 2

Unit 3A Quiz 2

Q Question 1 1 / 1 pts Figure 4-12 The diagram below pertains to the demand for turkey in the United States. Refer to Figure 4-12. All else equal, the destruction of thousands of turkeys would cause a move Question 2 1 / 1 pts Figure 4-14 Panel (a) Panel (b) Panel (c) Panel (d) Refer to Figure 4-14. Panel (a) shows which of the following? Question 3 1 / 1 pts Figure 7-1: Demand and Supply of Gasoline Use the “Demand and Supply of Gasoline” Figure 7-1. What might cause the supply curve to shift from S2 back to the initial supply curve S1? Question 4 1 / 1 pts Figure 5-1: Demand for Coconuts Use the “Demand for Coconuts” Figure 5-1. If there is an overall increase in taste and preference for coconuts, then the movement that would take place in the model could be: Question 5 1 / 1 pts Figure 5-1: Demand for Coconuts Use the “Demand for Coconuts” Figure 5-1. If coconuts are considered a normal good and the overall income level of consumers is falling, then the movement that would take place in the model could be:

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1 from x to y. 2 an increase in demand and an increase in quantity supplied