Mic8: Changes in supply and demand
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Last updated almost 6 years ago
5 questions
1
Which graph above is depicting a decrease in demand?
Which graph above is depicting a decrease in demand?
1
Which graph above is depicting an increase in supply?
Which graph above is depicting an increase in supply?
1
When supply decreases what happens to equilibrium price and quantity?
When supply decreases what happens to equilibrium price and quantity?
1
When demand increases what happens to equilibirum price and quantity?
When demand increases what happens to equilibirum price and quantity?
1
Using graph 8 above when supply and demand both increase, what happens to equilibrium price and quantity?
Using graph 8 above when supply and demand both increase, what happens to equilibrium price and quantity?