Supply and Demand

What happened to the Eq and Ep if: a storm destroys all Alaskan oil drills?

• Ep increase Eq decrease
• Ep decrease Eq decrease
• Ep increase Eq increase
• Ep decrease Eq increase

What happened to the Eq and Ep of Meijer french fries if: the price of Ore Ida tater tots went down?

• Ep increase Eq decrease
• Ep decrease Eq decrease
• Ep increase Eq increase
• Ep decrease Eq increase

What happened to the Eq and Ep of if: american income increased 10%?

• Ep increase Eq decrease
• Ep decrease Eq decrease
• Ep increase Eq increase
• Ep decrease Eq increase

What happened to the Eq and Ep of if: workers go on strike?

• Ep increase Eq decrease
• Ep decrease Eq decrease
• Ep increase Eq increase
• Ep decrease Eq increase

What happened to the Eq and Ep of if: new production technology is invented?

• Ep increase Eq decrease
• Ep decrease Eq decrease
• Ep increase Eq increase
• Ep decrease Eq increase

What happened to the Eq and Ep of computers if: price of processors decreased?

• Ep increase Eq decrease
• Ep decrease Eq decrease
• Ep increase Eq increase
• Ep decrease Eq increase

What happened to the Eq and Ep of peanut butter if: price of jelly increased?

• Ep increase Eq decrease
• Ep decrease Eq decrease
• Ep increase Eq increase
• Ep decrease Eq increase

What happened to a supply curve when supply goes down?

• moves left
• moves rights
• moves up
• moves down

What happened to a demand curve when demand goes down?

• moves left
• moves rights
• moves up
• moves down

What happened to a demand curve when demand goes up?

• moves left
• moves rights
• moves up
• moves down