Prices of Microbrewery Beer (Assume That This Is a Normal

question 57

Multiple Choice

Prices of microbrewery beer (assume that this is a normal good) have risen steadily in recent years.Over this same period, prices for fermenting vats used in beer making have also risen and consumer incomes have fallen.Which of the following best explains the rising prices of microbrewery beer?

• A)The supply curve for microbrewery beer has shifted to the left while the demand curve for microbrewery beer has shifted to the right.
• B)The demand curve for microbrewery beer has shifted to the left more than the supply curve has shifted to the left.
• C)The demand curve and the supply curve for microbrewery beer have both shifted to the right.
• D)The supply curve for microbrewery beer has shifted to the left more than the demand curve has shifted to the left.

---

Definitions:

International Commuters

Individuals who travel across national borders for work purposes regularly but maintain their residence in their home country.

Host Country

The country in which a company that is based in another country operates, especially through subsidiaries or branches.

Cross-cultural Adjustment

The process individuals undergo to adapt to new cultural environments, particularly in international relocations or assignments.

Stress-management Skills

Techniques and strategies that individuals use to control and reduce stress in personal and professional contexts.