Shifting Supply and Demand

Denny's just opened a store in Griffin, making it the 5th breakfast food restaurant in the area. Show the change in the market for breakfast food.

• Price and Quantity increase

• Price and Quantity decrease

• Price increases and Quantity decreases

• Price decreases and Quantity increases

McDonald's just reduced the price of the Big Mac. Show the change in the market for Whoppers.

• Price and Quantity increase

• Price and Quantity decrease

• Price increases and Quantity decreases

• Price decreases and Quantity increases

The price of rubber decreased by 30%. Show the change in the market for car tires.

• Price and Quantity increase

• Price and Quantity decrease

• Price increases and Quantity decreases

• Price decreases and Quantity increases

The Spalding County local government just increased the food safety regulations for all fast food restaurants in Griffin. Show the change in the market for fast food in Griffin.

• Price and Quantity increase

• Price and Quantity decrease

• Price increases and Quantity decreases

• Price decreases and Quantity increases

Honda is having a huge sale next week on all pre-owned vehicles. Show the change in the DEMAND for pre-owned vehicles THIS WEEK!

• Price and Quantity increase

• Price and Quantity decrease

• Price increases and Quantity decreases

• Price decreases and Quantity increases

Caterpillar closes its factory in Griffin, causing many people to lose their jobs. Show the change in the market for ALL NORMAL GOODS in Griffin.

• Price and Quantity increase

• Price and Quantity decrease

• Price increases and Quantity decreases

• Price decreases and Quantity increases

The price of hamburger buns went down by $1.50 at the Kroger. Show the change in the market for hamburger patties.

• Price and Quantity increase

• Price and Quantity decrease

• Price increases and Quantity decreases

• Price decreases and Quantity increases

Zaxby's branches out and begins opening stores in the Northeast US for the first time, increasing the amount of people exposed to Zaxby's food. Show the change in the market for Zaxby's

• Price and Quantity increase

• Price and Quantity decrease

• Price increases and Quantity decreases

• Price decreases and Quantity increases

A new machine is able to print graphic tees twice as fast as the old machine. Show the change in the market for graphic tees.

• Price and Quantity increase

• Price and Quantity decrease

• Price increases and Quantity decreases

• Price decreases and Quantity increases

Show the change in SUPPLY for televisions on Black Friday. (SUPPLY DECREASES, OK!?!?!?!)

• Price and Quantity increase

• Price and Quantity decrease

• Price increases and Quantity decreases

• Price decreases and Quantity increases