Supply and Demand

Multiple Choice

Why does the supply curve go upward?

• People like buying expensive stuff more than cheap stuff

• As the price of a good increases, producers are supply more of that good typically

• It means profits go up

• None of the Above

Multiple Choice

What would likely happen if a car company greatly reduces its' price on a basic sedan?

• Other car companies would sell more of that same type of sedan

• They wouldn't sell because people would think they have problems

• Other car companies would almost be forced to lower prices in order to sell that type of sedan

• None of the Above

Dropdown

A recent study has revealed that consuming a raspberry can significantly improve cognitive function. Due to this discovery, ​

Select answer

will decrease while ​

Select answer

will increase

Google Classroom has your assignment!!!! It is supply and demand application questions!!!