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Title: Prices of microbrewery beer (assume that this is a normal good) have risen steadily in recent years. Post by: Tidy on Jun 20, 2015 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. Title: Re: Prices of microbrewery beer (assume that this is a normal good) have risen steadily in recent ye Post by: Smoooth on Aug 10, 2015 Content hidden
Title: Re: Prices of microbrewery beer (assume that this is a normal good) have risen steadily in recent years. Post by: Smoooth on Aug 31, 2015 My pleasure :-]
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