help please I need the right answers 1st attempt Q See Hint
help please .. I need the right answers
1st attempt Q See Hint Items (5 items) /Drag and drop into the appropriate area below) A new report A celebrity who is forced Adidas\'sd to lower its eating hot dogs can prevent is arrested. to pay its workers higher Nike. Drag and drop here Drag and drop hereSolution
Shifts in demand:
- Nike\'s demand is adversely affected (left shift, substitute goods become cheaper)
- Subway\'s demand would be adversely affected (left shift, consumer preferences change)
- Demand for hotdogs would be favorably affected (right shift)
Shift in supply:
- iPhone supply would be adversely affected (left shift, owing to rising labor costs.
No effect:
- Lowering of prices by Adidas would mean a movement along the demand/supply curve.
