Apply the correct label to each situation. Drag each item on the left to its mat

Question

Apply the correct label to each situation. Drag each item on the left to its matching item on the right. Note that every item may not have a motch, while some items may have more than one match. Gasoline: a new housing development goes up. Several new gas stations are built nearby Taxis: public transit workers at a popular tourist attraction go on strike as a holiday weekend approaches Demand increases and supply decreases." Demand and supply both decrease." Demand and supply both increase Demand decreases and supply increases Pumpkins: an early frost destroyed much of the pumpkin crop. A newspaper reports zucchini is better for pie than pumpkin. Corn:news media run stories about people with corn allergies. The corn crop is unusually large.

Explanation / Answer

1. A new housing development goes up. Several new gas stations are built nearby - As a result, the demand and the supply increases.

2. Taxis: Public transit workers go on strike - no match since this only decreases the supply.

3. An early frost destroyed much of the pumpkin crop. A newspaper reports zucchini is better for pie than pumpkin - both demand and supply decreases. This is because people would start demanding more of zucchini for the pie, and zucchini and pumpkin are substitute goods. Also, frost destroying the pumpkins leads to a fall in supply.

4. As a result of stories of corn allergy, the demand for corn will decrease while the supply remains the same. Thus, none of the options match

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