For each market whose product is highlighted in italics, identify whether each of the
following trends represents an increase or decrease in demand or an increase or
decrease in quantity demanded. How would you describe each change in graphical
terms?
a) The drop in the monthly subscription rate changes the number of subscribers to a
cable TV provider.
b) The quantity of canned milk purchased adjusts due to a decrease in consumer
incomes.
c) The price of a particular brand of perfume rises, leading to a change in sales.
d) A rise in the popularity of free online games changes how many computer games
consumers choose to purchase.
Answers
Answered by
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In physics, a force is any interaction that, when unopposed, will change the motion of an object. A force can cause an object with mass to change its velocity (which includes to begin moving from a state of rest), i.e., to accelerate. Force can also be described intuitively as a push or a pull.
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