Answers to review quizzes marcroeconomics 12e parkin chapter 3

... tomato lovers”? The news is bad for tomato lovers because the price of tomatoes rises and “tomato lovers” respond to the higher price by decreasing the quantity of tomatoes they consume Tomato... price of a box of tomatoes rises from $6.25 per box to $30 .00 per box and the equilibrium quantity decreases from million pounds of tomatoes per week to 1.25 million pounds of tomatoes per week b... has risen from $6.50 for a 25-pound box a year ago to $30 now Source: USA Today, March 3, 2010 a Make a graph to illustrate the market for tomatoes before the unusually cold January and show how