Question: Please select the correct answer from the bolded options. 1a. Subsidies to producers of this good increase. The equilibrium price will fall/rise and the equilibrium

Please select the correct answer from the bolded options.

1a. Subsidies to producers of this good increase.

The equilibrium price will fall/rise and the equilibrium quantity will increase/decrease.

1b. There is an increase in taxes on the production of this good.

The equilibrium price will fall/rise/staythesame and the equilibrium quantity will increase/decrease/staythesame.

1c. There is an increase in income and this is an inferior good.

The equilibrium price will fall/rise/staythesame and the equilibrium quantity will increase/decrease/staythesame.

1d. Buyers expect the price of this good to fall in the future.

The equilibrium price will fall/rise/staythesame and the equilibrium quantity will increase/decrease/staythesame.

1e. What will happen if there is an increase in the price of a complement to this good at the same time that there is an increase in government restrictions for producers of this good, and demand shifts by a larger amount than supply shifts?

The equilibrium price will fall/rise/staythesame and the equilibrium quantity will increase/decrease/staythesame.

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