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Change in Supply and Demand Flashcards | StudBud
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Change in Supply and Demand
Change in Supply and Demand
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1
AT&T raises their prices. How is Comcast affected?
increase in supply
decrease in demand
increase in demand
decrease in supply
2
A new family moves into Winder. They love local BBQ. How are Po Boys pork sandwiches affected?
decrease in demand
decrease in supply
increase in demand
increase in supply
3
Aaron Hernandez (a football player) is convicted for murder. How are his jersey sales affected?
decrease in supply
decrease in demand
increase in demand
increase in supply
4
Everyone in the US gets a 10% raise. How is steak affected?
decrease in demand
decrease in supply
increase in supply
increase in demand
5
A new scientific report says that red meat causes cancer. How is red meat affected?
decrease in supply
decrease in demand
increase in demand
increase in supply
6
Gucci shoes are now $20 cheaper. How are Gucci socks affected?
increase in demand
increase in supply
decrease in demand
decrease in supply
7
Winder gets a new Wendy's. How are Baconators affected?
increase in demand
decrease in supply
increase in supply
decrease in demand
8
Everyone in the US gets a 10% raise. How is canned cream corn affected?
increase in demand
increase in supply
decrease in supply
decrease in demand
9
Obama names "How Much a Dollar Cost" his favorite 2015 song. How are the song's sales affected?
increase in demand
decrease in demand
decrease in supply
increase in supply
10
Gov. becomes more strict on which food is considered "organic". How is organic food affected?
decrease in demand
increase in demand
increase in supply
decrease in supply
11
The gov. requires Camel to pay a higher tax for tobacco. How are their cigarettes affected?
increase in demand
decrease in supply
decrease in demand
increase in supply
12
Casey's buys a new grill that cooks hot dogs twice as quickly. How are her hot dogs affected?
increase in supply
decrease in supply
increase in demand
decrease in demand