Supply and Demand

Question 1

If the supply goes up, but demand stays the same, what happens to the PRICE?

Accepted Answer

RISES, FALLS

Question 2

If the supply of milk goes up, but demand stays the same, will milk PRICES rise or fall?

Accepted Answer

FALL, RISE

Question 3

If the supply goes down, but demand stays the same, what happens to the PRICE?

Accepted Answer

FALLS, RISES

Question 4

What happens to the DEMAND for corn now that it is used for fuel as well as livestock feed?

Accepted Answer

DECREASES, INCREASES

Question 5

What happens to the supply of eggs as a result of the bird flu?

Accepted Answer

DECREASES, INCREASES

Questions 5