Economics hw attached

University of San Francisco Yanay Farja Economics 101 Spring 2012 Problem Set 3 Due February 22 Question 1: State whether each of the following events will result in a movement along the demand curve for McDonalds Big Mac hamburgers or whether it will cause the curve to shift. If the demand curve shifts, indicate whether it will shift to the left or to the right and draw a graph to illustrate the shift. a. The price of Burger Kings Whopper hamburger declines. b. McDonalds distributes coupons for $1.00 off the purchase of a Big Mac. c.

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