This is about Microeconomics.

Unit 5: Thinking at the margin and basic micro principals

- Demand and Supply Basics

Please help these 3 problems. Only answers might be fine.

8. Which of the following would cause the supply ofAlmond Joys to shift to the left. a. A decrease in almonds a key nast input for this nasty candy b. An increase in the number of nasty people selling this nasty candy 0. An increase in the expectation of earning a higher price for this nasty candy d. An increase in technology for this nasty candy e. A decrease in the price of plastic for this nasty candy 2. A decrease in the price of a substitute good in production will lead to a decrease in the supply of another substitute good. a. b. 0. Technology Demand for PCs Price of disks, which are a complement to PCs Price of PCs Consumers' incomes 3. Which of the following would cause the supply ofAlmond Joys to shift to the left. a. b. A decrease in almonds a key nast input for this nasty candy An increase in the number of nasty people selling this nasty candy An increase in the expectation of earning a higher price for this nasty candy . An increase in technology for this nasty candy . A decrease in the price of plastic for this nasty candy