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Prices Up, Prices Down! Flashcards | StudBud
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Prices Up, Prices Down!
Prices Up, Prices Down!
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StudBud Administration
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133 plays
Supply and Demand. 10 short scenarios to decide if the given info will make the price go up or down.
Flashcards
10 cards
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Practice quiz
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Host live
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Questions
10
Answers
1
I make radios. I just installed a hi-tech machine and now I can make radios for half the cost!
Price goes DOWN!
Price goes UP!
2
I just invented the first self-folding chair. It even puts itself away! Everybody wants one of these chairs!
Price goes DOWN!
Price goes UP!
3
Self-folding chairs are so popular Two other manufacturers are going to make some too! Each can make 9000 chairs a day.
Price goes UP!
Price goes DOWN!
4
I own a major league baseball team. We will only play 60 home games this season rather than the usual 81 . Want tickets?
Prices go UP!
Prices go DOWN!
5
Everyone wants a new Thingamabob for Christmas this year. It's the coolest thing ever!!
Prices go DOWN!
Price goes UP!
6
I sell landscape rocks but now everyone wants gnomes instead. What do I do with all these rocks
Price goes UP!
Price goes DOWN!
7
Summer is here and people are going to be driving everywhere! They're going to need LOTS of gas
Price goes DOWN!
Price goes UP!
8
I make the world's best cupcakes! A storm just wiped out a lot of the sugar cane crop.
Price goes UP!
Price goes DOWN!
9
The Piggly Wiggly closed. There is now only one grocery store in town. The next closest store is 45 minutes away.
Price goes UP!
Price goes DOWN!
10
I own a store that specializes in Halloween costumes. It's the day after Halloween.
Prices go DOWN!
Prices go UP!
