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Economic questions help please

Economic questions help please-example-1
User FKLC
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1. Will not be too upset or concerned with the increase in price of grocery items because they received a cost of living raise they would keep making normal purchase decisions.
2. A senior citizen on fixed income will be upset about the increase and will have to cut back on buying some of the grocery items.
3. A restaurant owner in response to an increase in grocery store item prices might have to raise their menu prices
4. A busy single parent who already doesn’t really grocery shop much already in response to an increase in grocery items would respond by contributing to eat out more often.
User RitchieD
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