The supply of cars is generally considered to be price inelastic

Question

1) Define "demand"?
2) Illustrate and explain the shift in the demand curve for quinoa. (Note: show the change in price and quantity) ?
3) Identify and explain one of the positive effects of this change in demand.?
4) Identify and explain one of the negative effects of this change in demand. ?
5) Explain and illustrate the likely price elasticity of supply of Quinoa.?
A) Identify 2 determinants of supply. Using supply and demand diagrams, illustrate and explain how one determinant could cause an increase in supply and how the other could cause a decrease in supply. ?

B) The supply of cars is generally considered to be price inelastic. evaluate this statement.?

 

Answer 1

??????????? "quinoa" ??????????

iz zat sum plaes in Brazil ??????????