Given the Products Below and the Events That Affect Them

question 21

Essay

Given the products below and the events that affect them, indicate what happens to demand or supply, and the equilibrium price and quantity.Identify the determinant of demand or supply that causes the shift.(a) Blue jeans.The wearing of blue jeans becomes less fashionable among consumers.(b) Computers.Parts for making computers fall in price because of improvements in technology.(c) Lettuce.El Nino produces heavy rains that destroy a significant portion of the lettuce crop.(d) Chicken.Beef prices rise because severe winter weather reduces cattle herds.

---

Definitions:

Blastodisc

A flattened area of a fertilized egg where cells proliferate during early embryonic development in birds and reptiles.

Holoblastic Cleavage

Holoblastic cleavage refers to a type of embryonic development where the entire egg is evenly divided during cell division, characteristic of many animals including mammals.

Neonate

A newborn baby, especially within the first few weeks after birth.

Birth

The event of being born or coming into existence.