Supply and Demand (Determinants) Flashcards

1

A large hurricane in Franklin has destroyed 10 chicken house.How will this impact supply?

2

If the supply of a good increases, what will happen to the market clearing price?

3

This picture demonstrates a:

4

Which of the following is not a determinant of demand?

5

What is the equilibrium price?

6

The picture shows which of the following?

7

Which list is has all the determinants of supply?

8

If supply and demand increase by the same amount, what happens to market clearing price?

9

If the demand for a product increases, what will happen to the market clearing price?

10

What is the equilibrium quantity?

Supply and Demand (Determinants)