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What Happens To Equilibrium When Lines Shift? Flashcards | StudBud
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What Happens To Equilibrium When Lines Shift?
What Happens To Equilibrium When Lines Shift?
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StudBud Administration
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ECONOMICS
Flashcards
10 cards
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Questions
10
Answers
1
What happens to Equilibrium when Supply moves right and Demand moves left?
It moves left
It moves down
It moves up
It moves right
2
What happens to Equilibrium when Supply moves left and Demand moves right?
It moves left
It moves up
It moves right
It moves down
3
What happens to Equilibrium when the Demand and Supply lines move left?
It moves to the right
It moves down
It moves up
It moves to the left
4
What happens to Equilibrium hen the Supply and Demand line shift to the right?
It moves to the left
It moves to the right
It moves down
It moves up
5
What will happen to Equalibrium if the Supply line shifts to the left?
It moves down
It moves right
It moves down and right
It moves up and left
6
What happens to the Demand line when equilibrium goes up?
Cupcakes
It shifts right
It shifts left
It's moves up and right
7
What happens to the Supply line when the Equilibrium goes down?
Beans
Supply line shifts left
Pickles
Supply line shifts right
8
What way will Equilibrium go when the demand line moves to the right?
It moves down
It moves down and left
It moves up and right
It moves right and down
9
What way does equilibrium move if the Demand line moves to the left?
It moves down and left
It moves right
It moves up
It moves up and to the right
10
Which way would equilibrium go if the supply line went right?
Equilibrium price goes down quantity goes up
Equilibrium price goes up and the price goes down
Equilibrium price and quantity go up
Equilibrium price and quantity goes down
