Economic growth is expected to improve in
the next two quarters.
Fire at an oil refinery in the Gulf will not be
fixed for a month.
The Japanese government has decided to
subsidize its domestic automobile producers Market for:
Gasoline Automobiles with stimulus money.
Manufacturers who use plastic as an input
have access to cheaper plastic. Manufactured goods
that use plastic as an
input Using the table, for each line item, write a paragraph describing how the market for
each specific product will be affected by the associated event. Describe which curve will
shift (demand or supply or both), what effect it will have on price (rise or fall in price),
and what will happen to quantity (rise or fall in quantity). Each line item requires a