Double Shifter by Hayley Journey https://padlet.com/20journeyhayley/ytdu85fesaf4 Income/Inferior Goods and Government Regulations en-us 2018-12-17 13:29:57 UTC 2025-12-13 23:44:32 UTC hello@padlet.com 20journeyhayley https://padlet.com/20journeyhayley/ytdu85fesaf4/wish/315151711 2018-12-17 13:49:36 UTC https://padlet.com/20journeyhayley/ytdu85fesaf4/wish/315151711 When taxes were decreased, income increased for middle class, which decreased their demand for inferior goods, especially Mr. Pibb because they would rather drink the normal goods, such as Bubly sparkling water. Then, government regulations make the production of high fructose corn syrup illegal. So the supply of the Mr. Pibb decreases. These shifters together makes the supply of Mr. Pibb decrease, while the price becomes indeterminate. 20journeyhayley https://padlet.com/20journeyhayley/ytdu85fesaf4/wish/315160569 2018-12-17 14:08:41 UTC https://padlet.com/20journeyhayley/ytdu85fesaf4/wish/315160569 This double shifter results in a decrease in both supply and demand for Mr. Pibb. This means that the quantity of Mr. Pibb will decrease, and the price becomes indeterminate. 20journeyhayley https://padlet.com/20journeyhayley/ytdu85fesaf4/wish/315408472 PE I  QE   Decrease]]> 2018-12-18 04:20:51 UTC https://padlet.com/20journeyhayley/ytdu85fesaf4/wish/315408472