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Laabri

Micro Demand Shifts

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Last updated almost 7 years ago
40 Nsɛmmisa
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Asemmisa {{asɛmmisaAhyɛnsode}}
1.

Which statement best describes the main claim of the article

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2.

Which statement best explains the impact of cafeteria workers on rice consumption

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3.

How are foreign rice imports dealt with by the Japanese government?

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4.

Which is harder to grow

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5.

Label the price and quantity (and x and y) axes.

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6.

Draw a demand curve in blue

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7.

Draw an inealstic demand curve in Blue and an elastic one in Green

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8.

Which is more elastic in its demand?

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9.

Which is more elastic in its demand?

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10.

Which is more elastic in its demand?

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11.

Which is more elastic in its demand?

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12.

Put a green arrow for a demand increase and a yellow one for a demand decrease

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13.

Draw a green curve showing a demand increase, and a yellow one showing a demand decrease

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14.

Draw a green curve showing a demand increase, and a yellow one showing a demand decrease

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15.

Which type of unemployment starts with "I Quit"

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16.

Which type of unemployment starts with a bad downturn in the overall economy

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17.

Which type of unemployment starts with the job being sent overseas

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18.

Which type of unemployment starts with the job replaced by a machine

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19.

Which type of unemployment starts with the job no longer being needed today

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20.

Which type of unemployment starts with the job being computerized

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21.

Which type of unemployment starts with the job being only done at Christmas

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22.

Which type of unemployment starts with a bad employee getting the boot from the job

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23.

Plot the situation in paragraph 4 for rice.

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24.

Plot and name the shift described in paragraph 6 for protein, bread and pasta (be careful)

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25.

Level 7 BONUS: Plot and name the shift described in paragraph 18 for farmers

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26.

For the Law of Supply, complete this: As price rises

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27.

For the Law of Supply, complete this: As price falls

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28.

Draw a supply curve

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29.

Draw a supply curve that is inelastic in yellow and an elastic one in minty green

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30.

Draw a supply curve that is inelastic in yellow and which results in a price of 2.50

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31.

Draw a supply curve that is elastic in green and which results in a price of 3.50

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32.

Circle the equilibrium point for this market

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33.

Circle the place where buyers and sellers agree on the price

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34.

What is the best definition of equilibrium?

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35.

Draw a green supply curve that is elastic and sets the equilibrium point where indicated

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36.

Draw equilibrium at 6.50. Indicate how many are sold.

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37.

Draw equilibrium at $7. Indicate how many are sold

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38.

What price would be required to sell all 75 items. Use the graph to answer the question

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39.

Draw a blue shift that results in a $7 price.

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40.

Draw the OTHER blue shift that results in a $7 price.