Questions: Make sure you fill in the graphs Leave it blank if there is no change. Fill it in the same way I did in the course session 3. For each graph use an arrow to indicate and increase or a decrease. Use a "?" If you can't tell if there is a decrease or an increase. Use the from course session 3 to help. 2. Make a graph with this info Graph # Graph Name Pork Market Pe Decrease Qe Decrease Δ in D Left shift Δ in Qd Decrease Δ in S Right shift Δ Qs Increase 3. Graph # Graph Name Demand for perms Pe Increase Qe Increase Δ in D Right shift Δ in Od Increase

Make sure you fill in the graphs
Leave it blank if there is no change. Fill it in the same way I did in the course session 3.

For each graph use an arrow to indicate and increase or a decrease.
Use a "?" If you can't tell if there is a decrease or an increase. Use the from course session 3 to help.
2. Make a graph with this info
Graph #  
Graph Name  Pork Market 
Pe  Decrease 
Qe  Decrease 
Δ in D  Left shift 
Δ in Qd  Decrease 
Δ in S  Right shift 
Δ Qs  Increase 

3.
Graph #  
Graph Name  Demand for perms 
Pe  Increase 
Qe  Increase 
Δ in D  Right shift 
Δ in Od  Increase
Transcript text: Make sure you fill in the graphs Leave it blank if there is no change. Fill it in the same way I did in the course session 3. For each graph use an arrow to indicate and increase or a decrease. Use a "?" If you can't tell if there is a decrease or an increase. Use the from course session 3 to help. 2. Make a graph with this info \begin{tabular}{|l|l|} \hline Graph \# & \\ \hline Graph Name & Pork Market \\ \hline Pe & Decrease \\ \hline Qe & Decrease \\ \hline$\Delta$ in D & Left shift \\ \hline$\Delta$ in Qd & Decrease \\ \hline$\Delta$ in S & Right shift \\ \hline$\Delta$ Qs & Increase \\ \hline \end{tabular} 3. \begin{tabular}{|l|l|} \hline Graph \# & \\ \hline Graph Name & Demand for perms \\ \hline Pe & Increase \\ \hline Qe & Increase \\ \hline$\Delta$ in D & Right shift \\ $\Delta$ in Od & Increase \\ \hline \end{tabular}
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Solution

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Solution Steps

Step 1: Identify the changes in the Pork Market
  • \( P_e \): Decrease
  • \( Q_e \): Decrease
  • \( \Delta \) in \( D \): Left shift
  • \( \Delta \) in \( Q_d \): Decrease
  • \( \Delta \) in \( S \): Right shift
  • \( \Delta \) in \( Q_s \): Increase
Step 2: Identify the changes in the Demand for perms
  • \( P_e \): Increase
  • \( Q_e \): Increase
  • \( \Delta \) in \( D \): Right shift
  • \( \Delta \) in \( Q_d \): Increase

Final Answer

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