Question: Can someone help me answer this, it's about Demand and Supply. The details is on the attached picture. It'll be a great help! Thanks! Indicate
Can someone help me answer this, it's about Demand and Supply. The details is on the attached picture. It'll be a great help! Thanks!

Indicate the effects of the given statements on the demand and supply of a based on the following outcomes. Write the phrase of your choice on the good provided before each demand and supply. d. Shift to the right b. Shift to the left C. No change 1. Well-received market innovation of a new cellphone Demand for cell phones Supply of cell phones 2. Decrease in the price of good X Demand for good X Supply of good X 3. Anticipated increase in general price level of basic commodities Demand for basic commodities Supply of basic commodities 4. Government increases workers' wages Demand for basic commodities Supply of basic commodities 5. Increase in death rates due to calamities Demand for basic commodities Supply of basic commodities
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