ProblemsandApplications1. a. Coldweatherdamagestheorangecrop,--6b. PeopleoftentraveltotheCaribbeanfromNewEnglandtoescapecoldweather,,fewerpeopletraveltotheCaribbean,,asshowninFigure4-7,,-7c. WhenawarbreaksoutintheMiddleEast,,thewardisruptsoilsupplies,otheleft,asshowninFigure4-,thecostofoperatingagas-guzzlingautomobile,likeaCadillac,,thedemandforusedCadillacswilldecline,aspeopleinthemarketforcarswon',,whilethesupplycurveshiftstotheright,asshowninFigure4--8Figure4-92. Thestatementthat"anincreaseinthedemandfornotebooksraisesthequantityofnotebooksdemanded,butnotthequantitysupplied"isfalse,-10shows,,asshowninFigure4--10Figure4-113. a. Ifpeopledecidetohavemorechildren(achangeintastes),they'llwantlargervehiclesforhaulingtheirkidsaround,',asFigure4--12Figure4-13 b. Ifastrikebysteelworkersraisessteelprices,thecostsofproducingaminivanrise(ariseininputprices),'
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