Law of Supply and Shifts of Supply

Last updated over 7 years ago

5 Nsɛmmisa

Hyɛ no nsow a efi ɔkyerɛwfo no hɔ:

Law of Supply, Shifts of Supply

SSEMI2.a

SSEMI2.b

SSEMI2.a

SSEMI2.b

SSEMI2.e

Laabri

Law of Supply and Shifts of Supply

Last updated over 7 years ago

5 Nsɛmmisa

Hyɛ no nsow a efi ɔkyerɛwfo no hɔ:

Law of Supply, Shifts of Supply

Asemmisa {{asɛmmisaAhyɛnsode}}

According to the Law of Supply, as price increases

quantity supplied increases

quantity supplied decreases

supply increases

supply decreases

SSEMI2.a

SSEMI2.b

Asemmisa {{asɛmmisaAhyɛnsode}}

Kate owns a cupcake shop. The price that she can charge for a bacon maple cupcake falls. According to the Law of Supply, Kate will

increase her quantity supplied.

decrease her quantity supplied.

increase her supply.

decrease her supply.

SSEMI2.a

SSEMI2.b

Asemmisa {{asɛmmisaAhyɛnsode}}

The image shown above is a model of

an increase in quantity supplied.

a decrease in quantity supplied.

an increase in supply.

a decrease in supply.

SSEMI2.b

Asemmisa {{asɛmmisaAhyɛnsode}}

Which of the following would increase the supply of chocolate? Select the THREE that apply.

Better technology helps speed chocolate production.

A new chocolate producer enters the market.

The price of chocolate increases.

The government reduces regulations on chocolate producers.

Asemmisa {{asɛmmisaAhyɛnsode}}

Which of the following is NOT a determinant of the supply curve?

Income

Government Decisions

Expectations of Future Prices

Technology

SSEMI2.e

Asemmisa {{asɛmmisaAhyɛnsode}}

According to the Law of Supply, as price increases

quantity supplied increases

quantity supplied decreases

supply increases

supply decreases

Asemmisa {{asɛmmisaAhyɛnsode}}

Kate owns a cupcake shop. The price that she can charge for a bacon maple cupcake falls. According to the Law of Supply, Kate will

increase her quantity supplied.

decrease her quantity supplied.

increase her supply.

decrease her supply.

Asemmisa {{asɛmmisaAhyɛnsode}}

The image shown above is a model of

an increase in quantity supplied.

a decrease in quantity supplied.

an increase in supply.

a decrease in supply.

Asemmisa {{asɛmmisaAhyɛnsode}}

Which of the following would increase the supply of chocolate? Select the THREE that apply.

Better technology helps speed chocolate production.

A new chocolate producer enters the market.

The price of chocolate increases.

The government reduces regulations on chocolate producers.

Asemmisa {{asɛmmisaAhyɛnsode}}

Which of the following is NOT a determinant of the supply curve?

Income

Government Decisions

Expectations of Future Prices

Technology