63 782
Assignments Done
99,2%
Successfully Done
In August 2018

Answer to Question #65621 in Microeconomics for Bhuwan Bhatt

Question #65621
For the questions below, write what effect the listed scenarios has on the demand of the product and why.
1. Winter coat: unusually mild winter
2. Winter coat: relocate to Nepal
3. Winter coat: rock star makes it trendy to wear winter coats
4. Shorts: schools ban wearing shorts
5. Shorts: famous people wear shorts in public
6. Ski sweater: Skiing becomes more popular
7. Ski sweater: Ski sweaters are out
Expert's answer
1. Demand will decrease because people don’t need winter coat in mild winter
2. In high mountain areas temperature is low , so the demand of winter coat will increase
3. Demand will increase because of fashion trend
4. Demand will decrease because pupils can’t wear shorts to school anymore
5. Demand will increase because of fashion trend
6. Demand will increase because more people want to have it
7. Demand will decrease

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be first!

Leave a comment

Ask Your question

Submit
Privacy policy Terms and Conditions