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Micro Demand Shifts

Last updated about 6 years ago
40 questions
1

Which statement best describes the main claim of the article

1

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

1

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

1

Which is harder to grow

1

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

1

Draw a demand curve in blue

1

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

1

Which is more elastic in its demand?

1

Which is more elastic in its demand?

1

Which is more elastic in its demand?

1

Which is more elastic in its demand?

1

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

1

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

1

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

1

Which type of unemployment starts with "I Quit"

1

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

1

Which type of unemployment starts with the job being sent overseas

1

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

1

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

1

Which type of unemployment starts with the job being computerized

1

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

1

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

1

Plot the situation in paragraph 4 for rice.

1

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

1

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

1

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

1

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

1

Draw a supply curve

1

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

1

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

1

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

1

Circle the equilibrium point for this market

1

Circle the place where buyers and sellers agree on the price

1

What is the best definition of equilibrium?

1

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

1

Draw equilibrium at 6.50. Indicate how many are sold.

1

Draw equilibrium at $7. Indicate how many are sold

1

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

1

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

1

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