The competitive market for flour tortillas is in equilibrium. For each of the events below, predict which curve, supply or demand or both curves, will shift. Predict changes to the equilibrium price and quantity of flour tortillas after the shift or shifts. a. All else equal, the price of corn tortillas, a substitute for flour tortillas, decreases. b. All else equal, the price of flour increases. c. All else equal, combine the events in (a) and (b).

Goods and services that can be used for the same purpose are and goods and services that are used together are

Health insurance protects you if you experience any of the following except: a: if you have to be hospitalized b: if you damage someone's property c: if you need to visit a clinic d: if you can't work because of illness

Consider the labor market for heath care workers. because of the aging population in the united states, the output price for health care services has increased. holding all else equal, what effect does this have on the labor market for health care employees? a. the equilibrium wage increases and the equilibrium quantity of labor increases.b. the equilibrium wage increases and the equilibrium quantity of labor decreases.c. the equilibrium wage decreases and the equilibrium quantity of labor increases.d. the equilibrium wage decreases and the equilibrium quantity of labor decreases.