a.  In the accompanying diagram (which represents the market for chocolate candy bars), the initial equilibrium is at the intersection of S1 and D1. Circle the new equilibrium if there is an increase in cocoa prices. 

b.  In the same diagram, the initial equilibrium is at the intersection of S1 and D1. Circle the new equilibrium if there is rapid economic growth.

Posted Date: 3/13/2013 7:11:40 AM | Location : United States

Ask an Expert

Related Discussions:- Circle the new equilibrium if there is an increase in price, Assignment Help, Ask Question on Circle the new equilibrium if there is an increase in price, Get Answer, Expert's Help, Circle the new equilibrium if there is an increase in price Discussions

Write discussion on Circle the new equilibrium if there is an increase in price
Your posts are moderated

Write your message here..

Related Questions

#titleMrs.., You own a two-bond portfolio. Each has a par value of $1,000. ... You own a two-bond portfolio. Each has a par value of $1,000. Bond A matures in five years, has a coupon rate of 8 percent, and has an annual yield to maturity of 9.20 percent. Bon

Percentage of sales method - financial forecasting, Percentage of Sales Met... Percentage of Sales Method - Financial Forecasting This method includes expressing various balance sheet items such are directly concerned to sales as a percentage of sales.

Advantage of joint stock companies, Advantage of Joint Stock Companies ... Advantage of Joint Stock Companies The company can own assets and incur liabilities on its own accord. Perpetual existence as or going to relate that allows the compan

Explain the term- order, Explain the term- Order Brokers receive num... Explain the term- Order Brokers receive numerous different types of buying and selling orders from their customers. Brokerage orders very as to the price at which order may

Calculate future value, Your grandparents put $1,000 into a saving account ... Your grandparents put $1,000 into a saving account for you when you were born 30 years ago. This account has been earning interest at a compound rate of 7%. What is its value today

Tests of term structure of interest rates theories, Tests of Term Structure... Tests of Term Structure of Interest Rates Theories Various tests have been conducted mainly in USA and they show that all the three (3) theories have some validity and therefo

Market segmentation theory, Market Segmentation Theory This theory sta... Market Segmentation Theory This theory states as the main investors lenders and borrowers are confined to a particular segment of the market and will not change even whether t

Fixed assets or sales ratio, Last year Nymphe Technologies had $450 million... Last year Nymphe Technologies had $450 million of sales and $270 million of fixed assets, so its FA/Sales ratio was 60%.  However, its fixed assets were used at only 75% of capacit

Profitability in relation to investment, Profitability in relation to inves... Profitability in relation to investment - Profitability Ratio a) Return on Investment (ROI) or return on total asset (ROTA) = (Net profit/ Total asset) x 100 The ratio i

Market for funds, Market For Funds Market for Funds and Financial Inst... Market For Funds Market for Funds and Financial Institutions in Middle Asia 1. Financial markets refer to an elaborate system of the financial institution and arrange