# Suppose you sell short-sleeve T-shirts in Houston. Winter is over and summer is approaching. What...

## Question:

Suppose you sell short-sleeve T-shirts in Houston. Winter is over and summer is approaching. What happens to the price and quantity of T-shirts? Explain using a graph.

## Consumer Preferences:

The term "consumer preferences" alludes to the set of choices that a consumer has to make in the market from the available products and services by evaluating a trade-off between income and utility levels.

## Answer and Explanation: 1

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View this answerMostly, in the winter season, there is a high demand for full sleeve shirts; in the summer season, there is a high demand for short-sleeve T-shirts....

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Chapter 2 / Lesson 6In microeconomics, shifts in supply and demand curves occur due to changes in demand and supply for goods or services caused by different factors like changes in consumers' disposable income. Determine the microeconomic shift factors of supply and demand curves, and understand their impact on equilibrium and prices paid by consumers.

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