Change in Supply

Front

Drought damages the wheat crop. Flour prices increase. If you own a bakery, what will happen to the supply of your baked goods?

Back

decrease

Front

A new mixer allows you to produce baked goods faster than before. If you own a bakery, what will happen to the supply of your baked goods?

Back

increase

Front

If you own a bakery, what will happen to the supply of your baked goods when a new bakery opens up just down the road from you?

Back

decrease

Front

The government has placed a tax on all products made with sugar. If you own a bakery, what will happen to the supply of your baked goods?

Back

decrease

Front

If you own a bakery, what will happen to the supply of your baked goods after the new bakery down the street has closed?

Back

increase

Front

If farmers are producing a record amount of wheat this season and flour prices have gone down, how will this impact the production of baked goods in a bakery?

Back

increase

Front

Your new mixer has broken and will be out of service for a week. If you own a bakery, what will happen to the production of your baked goods?

Back

decrease

Front

A drought damaging the wheat crop impacts the price of flour. What supply factor is this?

Back

Price and availability of productive resources

Front

A new bakery opens up down the street. Which supply factor is this?

Back

number of sellers

Front

The government places a tax on sugar. What factor of supply is this?

Back

government policies