Question

Your questions to answer:

1. Due to the rising costs of eggs due to the Avian (Bird Flu) Flu that is seeing the Chicken's of the USA die due to the disease in large numbers, Bakeries around the nation have seen their cost of production rise by about 25% due to the added expense of the eggs that go into most bakery products like donuts, muffins, cakes, and cookies. What "Determinant" will help you with this question to state the "first shift" that happens?

2. More Consumers are buying computers due to the widespread rise nationally of people turning to internet based buying services. What graph shows the immediate impact due to the sale of more computers? (What "Determinant" will help you with this question?)

3. The USA Auto industry sees a Ten Percent rise in sales due to the "USA poplulation increases"; as highly skilled workers immigrate to accept high paying jobs in the USA. What graph shows the most immediate impact in the USA? (What "Determinant will help you with this question?)

4. To reduce the National Debt of the USA, Congress passes a bill that raises the income taxes of each taxpayer by 10%. What graph shows the first and immediate impact? (what "Determinant" will help you with this question?)

5. Health officials in each state enact "Safety Measures" that will apply to all businesses to insure USA workers will not be put at risk in their workplaces. What graph shows the most immediate impact on the Supply and Demand graphs? (What "Determinant will help you with this question?)

Answer 1

The "determinant" that would help with this question and show the "first shift" that happens due to the rising costs of eggs would be the supply and demand graph. The increase in the cost of eggs would cause a decrease in the supply of eggs and an increase in the price of eggs. This would lead to a shift in the supply curve to the left, resulting in a higher equilibrium price and a lower equilibrium quantity.

The graph that shows the immediate impact due to the sale of more computers is the demand and supply graph. The increase in the demand for computers would result in a rightward shift in the demand curve, leading to a higher equilibrium price and a higher equilibrium quantity.

The graph that shows the most immediate impact in the USA due to the 10% rise in auto sales is the demand and supply graph. The increase in the demand for cars would result in a rightward shift in the demand curve, leading to a higher equilibrium price and a higher equilibrium quantity.

The graph that shows the first and immediate impact of the 10% increase in income taxes is the aggregate demand and aggregate supply graph. The increase in taxes would lead to a decrease in disposable income and a decrease in consumer spending, causing a leftward shift in the aggregate demand curve and a decrease in the equilibrium real GDP.

The graph that shows the most immediate impact on the supply and demand graphs due to the safety measures enacted by health officials is the supply and demand graph for goods and services in the workplace. The safety measures could increase the cost of production for businesses, leading to a leftward shift in the supply curve and a higher equilibrium price. At the same time, the safety measures could increase consumer demand for goods and services produced in a safe environment, leading to a rightward shift in the demand curve and a higher equilibrium quantity.