/
/
/
Which of the graphs above could represent the daily demand
Not my Question
Flag Content

# Question : Which of the graphs above could represent the daily demand : 8378

Which of the graphs above could represent the daily demand for donuts at Starbucks stores ?

a. Graph A b.  Graph B

2. How would you illustrate the impact of a decrease in the price of Starbucks' donuts in the demand curve diagram?

a. The D curve for Starbucks donuts would shift to the right.

b. The D curve for Starbucks donuts would shift to the left.

c. The D curve would not shift but there would be a movement along the original curve to a point with a lower P, higher Q

d. The D curve would not shift but there would be a movement along the original curve to a point with a higher P, lower Q.

3. How would you illustrate the impact of a decrease in the price of Starbucks' coffee on the demand for Starbucks' donuts?

a. The D curve for Starbucks donuts would shift to the right. The D curve for Starbucks donuts would shift to the left.

b. The D curve would not shift but there would be a movement along the original curve to a point with a lower P, higher Q.

c. The D curve would not shift but there would be a movement along the original curve to a point with a higher P, lower Q.

4. How would you illustrate the impact of a decrease in the price of Krispy Kreme donuts (a competitor of Starbucks) on the demand for Starbucks' donuts?

a. The D curve for Starbucks donuts would shift to the right.

b. The D curve for Starbucks donuts would shift to the left.

c. The D curve would not shift but there would be a movement along the original curve to a point with a lower P, higher Q.

d. The D curve would not shift but there would be a movement along the original curve to a point with a higher P, lower Q.

QUESTION 1 Graph A Price 4 per 3 donut 2 0 500 1000 1500 2000 2500 3000 Quantity of Starbucks' donuts per day Price 4 per 3 Graph B 500 1000 1500 2000 2500 3000 Quantity of Starbucks' donuts per day

## Solution 5 (1 Ratings )

Solved
Economics 3 Years Ago 303 Views