Question: plot and illustrate the consumer market U. S. economy Plot the graphs for the following on one page and illustrate how the Consumer Market affects

plot and illustrate the consumer market

plot and illustrate the consumer market U. S. economy Plot the graphs

U. S. economy Plot the graphs for the following on one page and illustrate how the Consumer Market affects the AD/AS graph. Make sure to label your markets. Consumer market: using 5 lbs. of coffee beans for Q and $10 for P as point A (equilibrium). AD/AS graph: using 19.1 trillion for RGDP and 1.9% for ination as point A (equilibrium). 1) How will our AD/AS graph look like when Americans' incomes increase thereby increasing quantity of coffee beans in the consumer market? 2) How will our AD/AS graph look like when sales taxes increases on coffee beans thereby reducing the production of coffee beans in the consumer market? 3) How will our AD/AS graph look like when consumers expect the prices of coffee beans to increase in the near future thereby increasing quantity of coffee beans in the consumer market

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