(Solved): The following graph shows the current market demand for gasoline. Suppose that people expect the p ...

The following graph shows the current market demand for gasoline. Suppose that people expect the price of gasoline to fall in the near future. Show the impact of the expected future decrease in gasoline prices on the current demand for gasoline by shifting the demand curve on the following graph. The following graph shows the market demand for beef. Suppose that the price of chicken, a substitute good for beef, decreases. Show the impact of the decrease in the price of chicken by shifting the demand curve on the following graph. The following graph shows the market demand for potted meat, which is an inferior good. Suppose that a strong economic expansion causes consumer income to increase. Show the impact of the increase in income by shifting the demand curve on the following graph. The following graph shows the market demand for kumquats. Suppose that a recent medical study suggests that eating kumquats increases life expectancy. Show the impact of the medical study by shifting the demand curve on the following graph. Note: Select and drag the curve to the desired position. The curve will snap into position, so if you try to move a curve and it snaps back to its original position, just drag it a little farther.