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1. If a shift in demand and/or supply has taken place, identify the change and list the determinant.
Answer:
The answer is below
Step-by-step explanation:
The demand has increased or shifted to the right.
The supply did not change.
The determinant for this situation is the increase in demand
However, with the price increment, the will be an increase in supply.
Answer:
The range of the graph is [-10, 10]
Step-by-step explanation:
This represents how the y-values of the graph range from -10 to 10.
Because there are no arrow marks on the ends of the graph, we know that the graph stops there at -10 and 10 and doesn't go beyond that.