WorksheetsSupply
Total questions: 15
Price/availability of resources, number of producers, technology, government action, expectations of future markets can (a) the supple curve either resulting in an increase or decrease of the quantity supplied.
True or False: A price of a product can shift the supply curve.
True
False
False but True
True but True True
New cage laws for chickens decrease the number of chickens (and therefore the number of eggs).
What Determinant
changed?
(a)
New cage laws for chickens decrease the number of chickens (and therefore the number of eggs).
What would happen to the Demand? Increase or Decrease or Stay the Same?
(a)
New cage laws for chickens decrease the number of chickens (and therefore the number of eggs).
What would happen to the Supply? Increase or Decrease or Stay the Same?
(a)
New cage laws for chickens decrease the number of chickens (and therefore the number of eggs).
Which direction would the Supply Curve Shift? Right or Left?
(a)
Answer KeySupply
Total questions: 15
False
