Please dear expert help me out by answering all questions be

Please dear expert help me out by answering all questions below correctly. Do Not skip any of them plz ( a big request)

Suppose that, due to a rapid Increase in the population of children moving in from other states, demand for Teddy bears in Vermont increases dramatically. Eventually, many of those families with children who had moved to Vermont decide to move back to their home states, due to personal aversions to snow and cold weather. As a result, the statewide demand for Teddy bears decreases, which lowers price. Using the chart below, please deterrnine the order in which the invisible hand will lead events to occur as described above. Flrst to Occur Last to Occur New Market Equilibrium Price of Teddy Bears Increases Price of Teddy Bears Decreases Supply of Teddy Bears Increases Supply of Teddy Bears Decreases

Solution

Ans

Price of teddy bear increases. Supply of teddy bear increases. New equilbrium..... Price of teddy bears decreases. Supply of teddy bears decreases

B D. It brings consumers and sellers together.

C All are examples of market since buyers and sellers meet here

D future market conditions. This is not its feature

E A. They are price takers

F output quotas....... Are part of non market economies. Relative price are part of market economies. Other things are ok