stud
bud
Sign up
Log in
Home
Library
Explore
SAT
More
Supply OR Demand? Flashcards | StudBud
Explore
/
Supply OR Demand?
Supply OR Demand?
15 terms
·
StudBud Administration
·
93 plays
Imported from external platform
Flashcards
15 cards
F
Practice quiz
P
Host live
L
Questions
15
Answers
1
Profit Motive is an explanation of the law of...
supply
demand
increasing costs
2
Law of...
supply
demand
3
Supply or Demand?
Supply
Demand
4
Law of...
demand
supply
5
A change in Taste and Preference will shift
neither
demand
both
supply
6
The following indicates a(n)...
increased demand
decreased supply
increased supply
decreased demand
7
An expectation of a future price change will shift...
supply
neither
demand
both
8
The substitution effect and income effect are explanations of
the law of Mrs. Lee
the law of supply
the law of demand
the law of equilibrium
9
The following indicates a(n)
decreased supply
increased demand
increased supply
decreased demand
10
Which would raise market prices?
more supply
less supply
more demand
less demand
11
Supply or Demand?
Demand
Supply
12
Which would lower market prices?
less supply
more supply
more demand
less demand
13
A change in price will shift...
supply
both
demand
neither
14
A change in technology will shift...
supply
both
demand
neither
15
The following indicates a(n)
decreased supply
increased supply
decreased demand
increased demand
