Question

Match the below mention information to the given below situation. While some have more than one match. a. Demand decreases and supply increases. b. Demand increases and supply decreases. c. Demand and supply both increase. d. Demand and supply both decrease. i. Gasoline: a new housing development goes up. Several new gas stations are built nearbyii. Taxis: public transit workers at a popular tourist attraction go on strike as a holiday weekend approachesiii. Pumpkins: an early frost destroyed much of the pumpkin crop. A newspaper reports zucchini is better for pie than pumpkin.iv. Corn:news media run stories about people with corn allergies. The corn crop is unusually large.

Answer 1

A. iv

B. ii

C. i

D. iii

Step-by-step explanation:

A. Demand decreases and supply increases. iv. Corn:news media run stories about people with corn allergies. The corn crop is unusually large.

B. Demand increases and supply decreases. ii.Taxis: public transit workers at a popular tourist attraction go on strike as a holiday weekend approaches

C. Demand and supply both increase. i. Gasoline: a new housing development goes up. Several new gas stations are built nearby.

D. Demand and supply both decrease. . iii.Pumpkins: an early frost destroyed much of the pumpkin crop A newspaper reports zucchini is better for pie than pumpkin.