Question 3b: Most public schools started to allow students to wear running shoes to school, how...

 

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Question 3b: Most public schools started to allow students to wear running shoes to school, how would this affect the supply or demand for school shoes? Ans: (6 marks or 0 mark) Q3 bi). The above would affect the supply or demand curve. (Highlight the correct answer). Q3 bii). The above curve will shift to the left or right. (Highlight the correct answer). Q3 biii). The equilibrium price would rise or fall. (Highlight the correct answer). Q3 biv). The equilibrium quantity would rise or fall. (Highlight the correct answer). Question 3b: Most public schools started to allow students to wear running shoes to school, how would this affect the supply or demand for school shoes? Ans: (6 marks or 0 mark) Q3 bi). The above would affect the supply or demand curve. (Highlight the correct answer). Q3 bii). The above curve will shift to the left or right. (Highlight the correct answer). Q3 biii). The equilibrium price would rise or fall. (Highlight the correct answer). Q3 biv). The equilibrium quantity would rise or fall. (Highlight the correct answer).

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