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Supply & Demand - shifting curves Flashcards | StudBud
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Supply & Demand - shifting curves
Supply & Demand - shifting curves
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1
The market for wheatfollowing an excellent harvest season.
Supply Decrease
Supply Increase
Demand Decrase
Demand Increase
2
The market for flat screenTVs after a change in the law makes it easier to offer credit
Supply Decrease
Demand Decrase
Supply Increase
Demand Increase
3
The market for teafollowing a fall in the price of coffee
Supply Increase
Demand Increase
Demand Decrase
Supply Decrease
4
The market for tennis ballsfollowing a fall in the price of tennis rackets
Demand Decrase
Demand Increase
Supply Increase
Supply Decrease
5
The market for carsfollowing an increase in income
Demand Increase
Supply Increase
Supply Decrease
Demand Decrease
6
The market for Fish.following an illness that reduces the stocks of fish in the sea.
Supply Decrease
Demand Increase
Supply Increase
Demand Decrase
7
Themarket for T-shirts following a fall in the number of suppliers (switched to Jeans)
Supply Decrease
Supply Increase
Demand Decrase
Demand Increase
8
The market for bus travel,following the introduction of a Government Subsidy to bus companies.
Supply Increase
Demand Increase
Demand Decrase
Supply Decrease
9
The market for houses afterthe Bank of England increases interest rates by 2 percentage points.
Supply Decrease
Supply Increase
Demand Decrase
Demand Increase
10
Market for mobile phones,after a fall in the cost of raw materials
Supply increase
Demand Decrease
Supply Decrease
Demand increase
