Search Header Logo
L03 Supply and Demand

L03 Supply and Demand

Assessment

Presentation

Social Studies

University

Practice Problem

Medium

Created by

Rachel Thurston

Used 9+ times

FREE Resource

42 Slides • 6 Questions

1

media

2

media

3

media

4

media

5

media

6

media

7

media

8

media

9

media

10

media

11

Poll

"If I were in a karaoke club...."

"It would take MORE MONEY to convince me to sing, compared to the price I would require to sing in class"

"It would take LESS MONEY to convince me to sing, compared to the price I would require to sing in class"


"It would take THE SAME PAYMENT to convince me to sing, compared to the price I would require to sing in class"

12

media

13

media

14

media

15

media

16

media

17

media

18

Multiple Choice

If there is a large increase in the cost of the materials used to make smart phones,

1

The supply curve will shift to the left

2

The supply curve will shift to the right

3

The supply curve will not shift, but there will b a movement along the supply curve

19

media

20

media

21

media

22

media

23

media

24

media

25

media

26

Fill in the Blanks

media image

27

Fill in the Blanks

media image

28

media

29

media

30

media

31

media

32

media

33

media

34

media

35

media

36

Multiple Choice

When consumers went wild for Nutella after it when on sale, was that a movement along the Demand curve, or a shift in the demand curve?

1

A shift in the demand curve

2

A movement along the demand curve

37

media

38

media

39

media

40

media

41

media

42

media

43

media

44

media

45

Multiple Choice

Question image

At what price does the quantity demanded equal the quantity supplied?

1

$12

2

$10

3

$8

4

$6

46

media

47

media

48

media
media

Show answer

Auto Play

Slide 1 / 48

SLIDE