Tayyar :: TICKETING & RESI × @ Pearson l Sign ln l Canada × ? @ pearson l Sign i

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Tayyar :: TICKETING & RESI × @ Pearson l Sign ln l Canada × ? @ pearson l Sign in I Canada 0o Homewerk Mchammme x x our68 Home ?secure https//www.mathxl.com/StudentiplayerHomework.aspx?homeworkid=485449802&questionid;=1&flushed;=false&cid;=5016264&center; in-yes Toshibe a http://feed helpert. G Google D olslaay G ?? > Jiu de 10 D .ci ? ? I ws meintenance engin English Engi an 2?·j -Regina Y Use monitor in a se.. Dictionary.com Fi ProQu w t ou " Mohammned Almchammed& 6/7/18 7:31 PM Homework: Assignment #2 Score: 0 of 1 pt XProblem 1.3 Save 15 of 18 (14 complete) Hw Score: 70.37%, 12.67 of 18 pts ?? Question Help Imagine that tha table on the right shows the quantity demanded o UGG boots at fedifeent prices in 2016 and in 2017 Which af the fallawing varablrs could cause the demand for UGG boats ta change as indicated fram 2016 to 2017? (Chock a that appiy A. A decrease in the price of s subslitute gcod. ntity Price $160 170 180 190 Demanded 2016 5,000 4,500 4,000 3,500 3,000 Quantity Demanded 2017 4,D00 3,500 3,000 B. An increase in the price of UGG boots. C. The expectation that UGG boots will rise in prica. D. A docraase in the numbar nf buryars. 2,500 2,000 Click to select your enswens) and then click Check Answer. All parts showing Clear All Check Answer 201702 2190616e...docK 7316293428720847pdf Show All |

Explanation / Answer

Answer is A and D.

Explanation: The change in demand is decrease in demand with no change in prices of respective years. Hence, the change in demand is due to following factors:

* The Price of substitute goods falls resulting in more demand of substitute goods and hence fall in demand of won goods.

* The Number of buyers has been reduced resulting in overall fall in demand irrespective of prices of good.

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