VCE Eco Unit 1 - Demand, Supply & Market Structures

Non Price Factor (NPF) - Increase in personal tax rates. What curve is impacted in the TV market and how?

• Demand Left
• Demand Right
• Supply Left
• Supply Right

NPF - Consumer Confidence bounces back strongly. What curve is impacted in the TV market and how?

• Demand Left
• Demand Right
• Supply Left
• Supply Right

NPF -The Aust Gov't reintroduces the Baby Bonus. What curve is impacted in the pram market and how?

• Demand Left
• Demand Right
• Supply Left
• Supply Right

NPF - The gov't cuts tariffs on at-home espresso machines. What curve is impacted in the takeaway coffee market and how?

• Demand Left
• Demand Right
• Supply Left
• Supply Right

NPF - The gov't cuts tariffs on Italian espresso machines. What curve is impacted in the cafe market and how?

• Demand Left
• Demand Right
• Supply Left
• Supply Right

NPF - A cyclone wrecks the Great Barrier Reef. What curve is impacted in the Queensland tourism market and how?

• Demand Left
• Demand Right
• Supply Left
• Supply Right

NPF - AI developed to mimic teachers. What curve is impacted in the education labour market and how?

• Demand Left
• Demand Right
• Supply Left
• Supply Right

NPF - BHP gets exclusive rights to ship iron ore to China. What curve/s is/are impacted in the RIO share market and how?

• Demand Left
• Demand Right
• Supply Left
• Supply Right

NPF - Increase in personal tax rates. What curve is impacted in the TV market and how?

• Demand Left
• Demand Right
• Supply Left
• Supply Right

NPF - Menulog raises its payrate for drivers. What curve is impacted in the pizza shop market and how?

• Demand Left
• Demand Right
• Supply Left
• Supply Right