تم الحل ✓
categoryاقتصاد عام
schoolبكالوريوس
event_available2026-07-13
السؤال
Transcribed Image Text:
7) For each of the following sentences describing changes in the tangerine market, note
whether the statement is true, false, or uncertain, and explain your answer. (In each case,
Assingment Inb 11
you must draw a graph that shows the original supply and demand curves, plus the new
curves after the changes. You must then consider whether it matters or not how far the
curve shifts in response to the change in the parameter indicated.)
a. If consumer income increases and worker wages fall, quantity will rise, and prices will fall.
b. If orange prices decrease and taxes on citrus fruits decrease, quantity will fall, and prices
will rise.
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