Supply Shifters Part 2- 2024

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• Supply Schedule

• Demand Schedule

• Surplus

• Shortage

Which of the following are Supply Shifters (check ALL 3 that apply)?

• Taxes and Subsidies

• Changes in Technology

• Number of Sellers

• Price Increases

Movement along a supply curve demonstrates

• a change in quantity supplied

• a change in quantity demanded

• a change in supply

• a change in demand

A decrease in supply is demonstrated by which of the following?

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This part of the market determines SUPPLY

• buyers
• sellers
• consumers
• us

Which of the terms describes a gov't payment to businesses, usually to encourage them to produce a certain product?

• taxes

• regulations

• competition

• subsidies

A hurricane wipes out an orange crop in Florida, sharply affecting the supply of oranges. Which chart demonstrates this concept?

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U. S. Car Company to Close Six Factories

How will this Newspaper headline effect the CAR Supply?

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Shoe Manufacturers Increase the PRICE on all styles

How will this Newspaper headline effect the shoe company's supply?

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Robots Make Automobiles Faster, Cheaper

How will this Newspaper headline affect the supply curve for cars?

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