Supply and Demand Price Effects

What happens to the price if the supply stays the same and the demand increases?

• The price increases.

• The price decreases.

• The price stays the same.

• The price doubles.

If the supply increases and the demand stays the same, what is the effect on the price?

• The price increases.

• The price decreases.

• The price stays the same.

• The price triples.

What is the effect on the price if the supply decreases and the demand stays the same?

• The price decreases.

• The price increases.

• The price stays the same.

• The price halves.

If the supply stays the same and the demand decreases, what happens to the price?

• The price increases.

• The price decreases.

• The price stays the same.

• The price quadruples.