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Supply & Demand / Chapter 5 Flashcards | StudBud
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Supply & Demand / Chapter 5
Supply & Demand / Chapter 5
20 terms
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StudBud Administration
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390 plays
Would the demand curve or supply curve shift & Direction?
Flashcards
20 cards
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Practice quiz
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Host live
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Questions
20
Answers
1
A 7.9 earthquake hits San Francisco. Cement
Supply, Left
Demand, Right
Supply, Right
Demand, Left
2
Classify: Sun
Capital
National Resources
Labor
N.A.
3
Classify: Hot Dog Cart
Labor
N.A.
Natural Resources
Capital
4
The average price of stocks falls by over 20% between now and the end of the year. Yachts
Demand, Right
Supply, Left
Demand, Left
Supply, Right
5
The price of bicycles goes down. Bike helmets
Demand, Left
Supply, Right
Supply, Left
Demand, Right
6
The U.S. imposes a tariff on Japanese car imports. U.S. Cars
No Change
Supply & Demand, Increase
Demand & Supply Decrease
7
McDonald's lowers the price of Big Macs. Burger King whoppers
Demand, Left, Substitute
Supply, Right, Substitute
Demand, Right, Taxes
Demand, Left, Complement
8
Brad Pitt confides to People magazine that "he gets a big kick out of his hula hoop." Hula Hoop
Demand, Left
Supply, Right
Demand, Right
Supply, left
9
The price of flour rises. Hot dog buns
Demand, Right, Subsidies
Supply, right, Cost of inputs
Supply, Left, Cost of inputs
Demand, left, Complements
10
There's an early frost which destroys much of the crop. Oranges
Supply, Left
Supply, Right
Demand, Right
Demand, Left
11
Environmentalists urge consumers to boycott redwood products. Redwood lumber
Demand, Right
Supply, Right
Supply, Left
Demand, Left
12
A new law is passed requiring gravel trucks to cover their loads with tarps. Windshields
Supply, Left
Supply, Right
Demand, Right
Demand, Left
13
The price of jellybeans goes up. Jellybeans
Demand, Right
Supply, Left
Demand, Left
Supply, right
14
An electric company announces that a computer bug will likely result in power outages. candles
Demand, left
Supply, right
supply, left
Demand, right
15
The price of Safeway milk goes down. Lucerne milk
Demand, Right
Demand, Left
Supply, Left
Supply, Right
16
The price of margarine goes up. Butter
Demand, Right
SUpply, Right
Supply, Left
Demand, Left
17
Heavy rain is forecast. Umbrellas
Demand, Right
Demand, Left
Supply, Right
Supply. Left
18
Two oil supertankers collide. Gas
Supply, Left
Supply, Right
Demand, Left
Demand, Right
19
Classify: Salesperson
Labor
Capital
N.A.
Natural Resources
20
The NMFS bans pesticide spray within 1,000 ft. of waterways containing coho salmon. Grapes
Demand, Right
Supply, Right
Supply, left
Demand, Left
