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Supply & Demand MLK HS Flashcards | StudBud

Explore/Supply & Demand MLK HS

Supply & Demand MLK HS

8 terms·StudBud Administration·9 plays

Montay Beasley

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Questions 8

Answers

1
Subsidies&Taxes Are One Of The Determinants Of Supply
False
True
2
As Price Goes Up
Customers decrease
Quantity Supplied goes up
More profit for competition company's
Quantity Supplied goes down
3
As Price Goes Down Quantity Supplied
Production is Faster
Customer Rate Increases
Quantity Supplied Goes Down
Quantity Supplied Goes Up
4
Changes In Price
Betters The Economy
Do Not Shift The Supply Curve
Shift The Supply Curve
Creates More Job opportunities
5
The Law Of Supply =
Up Up Down Down
Down Up Down Up
Up Up Up Up
Down Up Up Down
6
Supply is the total amount of a specific good or service that is available to consumers
False
True
7
How Many Determinants Of Supply Are There?
3
5
7
4
8
Changes in price causes a change in?
Quantity Supplied
Demand
Quantity Demanded
Supply Curve