Econ: Graphing Changes in Supply Demand & Equilibrium

Record Peach Harvest—Price Lowest in a Decade How will this information likely affect the supply curve for frozen peach pies?

• Panel a
• Panel b
• Panel c
• Panel d

Average Wages Decline for Workers Around the Country How will this information likely affect the demand curve for movie tickets?

• Panel a
• Panel b
• Panel c
• Panel d

U.S. Car Company to Close Six Factories How will this information likely affect the supply curve for the company’s minivans?

• Panel a
• Panel b
• Panel c
• Panel d

1970s Styles Popular with High School and College Students How will this information likely affect the demand curve for CDs of disco music?

• Panel a
• Panel b
• Panel c
• Panel d

Gas Prices to Stay Low This Year—Rise Dramatically Next Year How will this information likely affect the current supply curve for gasoline?

• Panel a
• Panel b
• Panel c
• Panel d

Analysts Predict Video Game Prices to Increase Next Year How will this information likely affect the current demand curve for video games?

• Panel a
• Panel b
• Panel c
• Panel d

Robots Make Automobile Assembly Faster, Cheaper How will this information likely affect the supply curve for cars?

• Panel a
• Panel b
• Panel c
• Panel d

Gas Prices Increase 200% Since Last Year How will this information likely affect the demand curve for new sport utility vehicles?

• Panel a
• Panel b
• Panel c
• Panel d

Congress Passes New “Sugar Tax” How will this information likely affect the supply curve for sugar?

• Panel a
• Panel b
• Panel c
• Panel d

Price for Fresh Blueberries Skyrockets—Cold Weather to Blame How will this information likely affect the demand curve for fresh strawberries?

• Panel a
• Panel b
• Panel c
• Panel d