People communicate with each other in the market through the effect their decisions to buy or sell have on prices. Indicate how each of the following would affect prices by putting a check in the appropriate space.
a. People who see an energetic and lovable Jack Russell Terrier in a popular TV series want Jack Russell Terriers as pets. The price of Jack Russell Terriers ______ Rises _____ Falls
b. Aging retirees flock to Tampa, Florida, to live. The price of housing in Tampa _____ Rises _____ Falls
c. Weather-related crop failures in Colombia and Costa Rica reduce coffee supplies. The price of coffee ______ Rises ______ Falls
d. Sugar cane fields in Hawaii and Louisiana are replaced with housing. The price of sugar ______ Rises ______ Falls
e. More and more students graduate from U.S. medical schools. The wages of U.S. doctors ______ Rises ______ Falls
f. Americans are driving more and they are driving bigger, gas-guzzling cars like sports utility vehicles. The price of gasoline ______ Rises ______ Falls