For Each of the Following Markets,indicate Whether the Stated Change

question 68

Essay

For each of the following markets,indicate whether the stated change causes a shift in the supply curve,a shift in the demand curve,a movement along the supply curve,and/or a movement along the demand curve.
(A)The housing market: consumers' incomes fall.
(B)The tea market: there is an increase in the production in India.
(C)The coffee market: the price of cream goes up.
(D)The fast-food market: the number of consumers in an area decreases.
(E)The gasoline market: government regulations raise production costs.

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Drawee Bank

The bank upon which a check is drawn, meaning the bank that is ordered to pay the check's amount.

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