Assume that the egg market can be described by a supply-and-demand model. If the price of bacon rises, and many people will not eat eggs without bacon,

the supply curve will shift right with no change in the demand curve.
the demand curve will shift right with no change in the supply curve.
both the demand and supply curves will shift right.
none of the above.


Nutritionists suddenly find that lima beans have special substances that greatly prolong life. As a result the price of lima beans rises and producers grow more. We have had:

a shift in the supply curve to the right and a movement along the demand curve.
a shift in the supply curve to the left and a movement along the demand curve.
a shift in the demand curve to the right and a movement along the supply curve.
simultaneous movements along the supply and demand curves.


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