FEE Markets

A strike by all farmworkers. What happens in the market for strawberries?

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Muffins and bagels are substitutes. A higher price for bagels will cause what to happen in the muffin market?

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Someone bakes bread that they sell at a farmer's market. If they purchase a new oven that bakes twice as fast:

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Lead is an input in the production of crystal. If the price of lead decreases, what happens in the crystal market?

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Cowboy hats and cowboy boots are considered complements. What happens to cowboy hats if cowboy boot prices increase?

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A handbag makes it on the list of Oprah's favorite things.

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If the price of hot dogs increases, which graph represents what will happen in the market for hot dog buns?

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If the quantity of bananas sold decreases from one year to another, but the price remains the same

• Supply increased and demand increased

• Supply decreased and demand increased

• Supply decreased and demand decreased

• Supply increased and demand decreased

An increase or decrease in demand as a result of a change in factors other than price.

• Change in Demand

• Change in Supply

• Change in Quantity Demanded

• Change in Quantity Supplied

Which will shift the supply curve to the left?

• Increase in the price the producer is paying their workers.

• An increase in the price of a complementary good.

• A decrease in the price of a substitute good.

• An increase in the number of producers.