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1. For each of the following products explain whether the change in market price and quantity sold reflects a shift in supply or a shift in demand.
Product
Prices
Quantity sold
Supply or demand curve shift?
Munchies in Massachusetts after pot legalization
Up
Pot in Massachusetts after it is legalized
Down
up
Natural gas in Ukraine after Russia off exports
down
VCR players
2. Review Real World Micro, chapter 3.5, Campus Struggles Against Sweatshops Continue by Sarah Blaskey and Phil Gasper. Do you think that your choices as a consumer can change the way businesses treat their workers?
