3.2.2 Shifters

Last updated over 2 years ago
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What happens to the supply or demand for In-n-Out Double Doubles if the following happens? (Assume double doubles are normal goods.)

  • A new tractor has been invented that harvests πŸ… 10x faster.
  • Everyone's taxes increase. 😭
  • πŸ§€ prices πŸ“‰
  • The US government cuts corporate taxes for all restaurants.
  • Shake Shack is slashing their πŸ” prices in half. πŸ™ŒπŸ½
  • A mega drought hits the Western US from which all πŸ… are grown.
  • People find out that In-n-Out is being given away to funds and trusts that will use all corporate profits to fight climate change. πŸ‘πŸ½
  • In-n-Out cuts its price for fountain πŸ₯€ to 25Β’
  • In-n-Out increases the price of their fries by 200%. 😀
  • Truckers for all long-haul agricultural trucking go on strike.
  • There is a 10% decrease in the US population.
  • πŸ… prices πŸš€
  • People find out that In-n-Out is actually a racist, sexist, homophobic, and downright evil company. 😑
  • There is a 10% increase in the US population. πŸ‘ΆπŸΌ
  • The Habit is doubling their prices. πŸ‘€
  • Everyone in the USA gets πŸ’°from our governemnt
  • The US government institutes a tax on all fast food companies of 5%.
  • Increase in Demand
  • Decrease in Demand
  • Increase in Supply
  • Decrease in Supply