What two things happen?Ford gives every employee a 10% pay increase

less supply(shift left), less Qty demanded

If demand increases and shifts to the right, supply

will react to the increase in demand by producing more cars

What two things happen? Explorers are dangerous and rollover, due to bad tires

less demand (shift left), less Qty supplied

What two things happen? Ford puts more robots on the assmbly line and lays off workers

more supply (shift right), lmore Qty demanded

If the price were to change from $40k to $35k there would be

an increase in the quantity demanded

What two things happen? Explorers get better gas mileage

more demand (shift right), more Qty. supplied

studbud

Ford Explorer Supply & Demand

10 termsStudBud Administration332 plays

Imported from external platform

Flashcards10 cardsFPractice quizPHost liveL

Questions 10

Answers

1
If Explorers are shown to be unsafe, what curve will shift, and in what direction will it shift
Demand shifts right
Supply shifts left
Supply shifts right
Demand shifts left
2
What two things happen?Ford gives every employee a 10% pay increase
more demand (shift right), more Qty. supplied
more supply (shift right), less Qty demanded
more demand (shift right),less Qty. supplied
less supply(shift left), less Qty demanded
3
If the price were to change from $35k to $40k there would be
less supply and demand
less demand
less supply
less quantity demanded
4
If demand increases and shifts to the right, supply
will also shift to the right
will shift to the left
will react to the increase in demand by producing less cars
will react to the increase in demand by producing more cars
5
If the price of steel increases, what curve will shift, and in what direction will it shift
supply shifts left
demand shifts right
supply shifts right
demand shifts left
6
What two things happen? Explorers are dangerous and rollover, due to bad tires
more demand (shift right), more Qty. supplied
more demand (shift right),less Qty. supplied
more supply (shift right), less Qty demanded
less demand (shift left), less Qty supplied
7
If the price were to change from $40k to $20k there would be
more quanitity demanded
more demand
less supply
a surplus
8
What two things happen? Ford puts more robots on the assmbly line and lays off workers
less supply(shift left), less Qty demanded
more supply (shift right), lmore Qty demanded
more demand (shift right), more Qty. supplied
more demand (shift right),less Qty. supplied
9
If the price were to change from $40k to $35k there would be
a decrease in supply
an increase in the quantity supplied
an increase in the quantity demanded
an increase in demand
10
What two things happen? Explorers get better gas mileage
more demand (shift right),less Qty. supplied
more demand (shift right), more Qty. supplied
more supply (shift right), less Qty demanded
less demand (shift left), less Qty supplied

Ford Explorer Supply & Demand Flashcards | StudBud