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Question 10 "Consumer confidence nose-dives amid.. supply chain problems" Which panel of Figure 1.3 illustrates 'supply chain problems' alongside a decrease in consumer confidence? Figure 1.3 b. B c. C d. D Question 11 "As the economy picks up, demand for many inputs is outstripping supply. diving up prices for things as diverse as construction materials, energy, food ingredients, and semiconductors. Soon, that list will indude Office 365 subscriptions You might not have heard about it from your sales rep yet. but Microsoft quietly announced that starting March 1, 2022, it will hike the price of many of its enterprise Office 385 and Microsoft 385 subscriptions. (Consumer and education subscription prices aren't changing - for now)" Accessed: 14/10/21 An increase in the price of Office 365 subscriptions above the equilibrium wil.. a. Shift the Office 365 subscriptions' supply curve to the right. b. Shift the Office 365 subscriptions' demand curve to the fight c. Cause a surplus of Office 365 subscriptions. d. Cause a shortage of Ofice 365 subscriptions. Question 12 There is an increase in the number of adverts highlighting the danger of consuming sugar. Which of the following is likely to opair in the market for sugarless sweets, as a result of this? a, An increase in both the equilibrium price and quantity traded. b. A decrease in equilibrium price and an increase in equilibrium quantity traded c. A decrease in both the equilibrium price and quantity traded d. An increase in the equlibrium price and a decrease in the equilibrium quantity traded. Question 13 If the price elasticity of demand is 2 0, and a firm raises its price by 10 percent, the total revenue will a. Not change b. Fall by an undeterminable amount given the information avalable. c. Rise. d. Fall by 20 percent