Which of the following is a reason for increase in supply of computer games.

The US experiences an increase in computer game developers.

Which of the following increases the supply of corn?

Soybean farmers switch to planting corn bc. profit in corn market is higher

Which of the following decrease the quantity supplied of corn.

A decrease in the price for corn.

Which of the following increases the supply of corn?

US Gov. guaranties to purchase millions of tons of corn for aid programs.

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Reasons for Change in Supply / Demand & Qs / Qd

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Practice Reasons for Change in S / D

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Questions 8

Answers

1
Which of the following decreases the supply of corn?
Corn seeds double in price.
A decrease in the price for corn.
A decrease in the price of farming equipment.
Storms destroyed soybean harvest in the mid-west.
2
Which of the following is a reason for an increase in quantity demanded of computers?
increase in price of raw materials to produce PCs
increase in price of PC-covers
decrease in price of computers
decrease in price of workers
3
Which of the following is a reason for increase in supply of computer games.
The prices for computer games fall steadily.
Consumers saw income increases and hence can buy the games
The US experiences an increase in computer game developers.
More people gain basic computer skills and thus play games
4
Which of the following is a reason for change in demand of computers?
change in price of computers
government implementing a special sales tax on computers
migrants leaving the country
lower raw material costs for some PC- parts
5
Which of the following increases the supply of corn?
Corn seeds double in price.
Storms destroyed corn harvest in the mid-west.
American meat producers increase their purchase of corn.
Soybean farmers switch to planting corn bc. profit in corn market is higher
6
Which of the following decrease the quantity supplied of corn.
A decrease in the price of corn harvesting machines.
A decrease in the price for corn.
Storms destroyed the corn harvest in the mid-west.
An increase in the price of farming equipment.
7
Which of the following decreases the supply of corn?
Corn seeds double in price.
Storms destroyed the corn harvest in the mid-west.
A decrease in the price for corn.
An increase in the price of farming equipment.
8
Which of the following increases the supply of corn?
US Gov. guaranties to purchase millions of tons of corn for aid programs.
US Government - in order to generate revenue - implements a tax on corn.
Corn seeds double in price.
Storms destroyed corn harvest in the mid-west.

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