Question

8 true or false 10 points luisa owns a pig farm. the pigs keep finding a way to break out of the fence and get away. luisa hears that the local store has better fencing and padlocks on sale. this means that the catalyst is the pigs are escaping, and there is a negative demand for better fencing because she didnt want to pay for the new fence but she has to because the one she has isnt working. true false 9 true or false 10 points the us government has put a large tariff (tax) on kia vehicles from south korea. kia then has to charge more money for americans to buy the kia sportage suv. the catalyst here is price change, and it is a negative effect for both supply and demand, since it will cost kia more money to sell them in the usa, and american consumers will have to pay more to satisfy their demand. true false 10 true or false 10 points joe owns a factory that makes environmentally safe metals. all african nations make a law that says dangerous metals cannot be sold anymore on the continent. joes metals are more expensive than others. but if african businesses want to use metals to build things, they have to pay more to joe for his metals. the catalyst here is the law that makes people buy more expensive metals. the positive change is for african businesses, and the negative change is for joe.

Explanation:

Question 8

A catalyst is a factor that triggers a change. Here, the pigs escaping (problem) triggers Luisa's need for better fencing. Negative demand implies reluctance, but her old fence not working means she has to buy new (so demand is driven by necessity, not negative in the described wrong way). The statement misdefines negative demand and the catalyst - escape is the catalyst, but the demand explanation is wrong. So the statement is false.

The tariff (tax) on Kia vehicles is the catalyst (triggers price increase). For Kia, selling in the US becomes costlier (negative supply effect), and for US consumers, higher prices mean negative demand effect (less willing/able to buy). The analysis matches, so the statement is true.

The catalyst is the law banning dangerous metals, forcing purchase of Joe’s (safer, costlier) metals. African businesses have to pay more (negative for them), Joe gets more business/sales (positive for him), but the statement says positive for African businesses and negative for Joe - which is wrong. So the statement is false.

Answer:

B. False

Question 9