Business, 07.10.2021 23:00 RebeccaBloop8578

HELP ME Use the graph of the market for a particular good to answer the question. What MOST LIKELY caused the shift illustrated in the graph?

an increase in government regulation of sellers in the market

a decrease in the price of a substitute good

a decrease in the cost of producing the good

an increase in the average income of consumers in the market

Which of these factors would NOT cause the demand curve for a particular good to shift?

Group of answer choices

a change in the costs of a necessary factor of production

a change in the number of consumers in the market

a change in the level of consumer income

a change in consumer preference

Use the graph illustrating the market for gasoline-fueled cars to answer the question.

demand

Which situation corresponds with this graph of the market for gasoline-fueled cars?

Group of answer choices

The government increased tariffs on aluminum and steel, increasing the cost of producing all cars.

The average price of crude oil decreased, making gas-powered vehicles cheaper than investing in electric ones.

The government strengthened safety standards, forcing producers to include more safety equipment in all cars.

The average price of lithium decreased, causing the price of batteries used in electric cars to decrease.

Use the graph of the market for butter to answer the question.

demand

What MOST LIKELY caused the shift illustrated in the graph?

Group of answer choices

an increase in the number of sellers of butter

a decrease in government regulation of sellers in the market

an increase in the price of a substitute good, margarine

a decrease in the average income of consumers in the market

HELP ME Use the graph of the market for a particular good to answer the question.

What MOST LIKEL

Answers: 2

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HELP ME Use the graph of the market for a particular good to answer the question. What MOST LIKELY...

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