#201 Supply and Demand
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Last updated almost 5 years ago
13 questions
1
What would cause an increase in D for Snickers?
What would cause an increase in D for Snickers?
1
Which would cause a decrease in QS for iphones?
Which would cause a decrease in QS for iphones?
1
Which would cause a decrease in supply for iPhones?
Which would cause a decrease in supply for iPhones?
1
What would cause an increase in QD for snickers?
What would cause an increase in QD for snickers?
1
According to the Law of Supply, which of these would happen to an item as its
price increases?
According to the Law of Supply, which of these would happen to an item as its
price increases?
1
Which of the following will cause a “Decrease in D” for cars?
Which of the following will cause a “Decrease in D” for cars?
1
What is the equilibrium price?
1
On a supply and demand graph, supply will decrease and shift to the left whenwhich of the following happens?
On a supply and demand graph, supply will decrease and shift to the left when
which of the following happens?
2
Draw the following in a graph: Increase in Demand
Draw the following in a graph: Increase in Demand
Right=rise Left=less
2
Draw the following in a graph: Increase in Supply
Draw the following in a graph: Increase in Supply
2
Draw a correctly labeled demand graph. Show the changes on the graph. The government announces that eating onions can prevent cancer.
Draw a correctly labeled demand graph. Show the changes on the graph. The government announces that eating onions can prevent cancer.
2
Wood is a resource used to make desks. If the price of wood increases, what happens to the supply for desks?
Wood is a resource used to make desks. If the price of wood increases, what happens to the supply for desks?
1
What is the equilibrium price of shoes?
What is the equilibrium price of shoes?