WorksheetsFactors that influence Supply
Total questions: 9
Worksheet time: 5mins
Name
Class
Date
1.
The United States government has initiated a subsidy for all solar panel producers
a)
Increase in Supply
b)
Decrease in Supply
2.
What would increase the supply of manufactured clothing?
a)
increase in taxes
b)
government reduces subsidies
c)
decrease in wages paid to workers
d)
increase in the cost of material
3.
There has been a decrease in the supply of wheat.
What would be the likely cause?
What would be the likely cause?
a)
Good Weather
b)
A increase in the price of grain
c)
Increase of subsidies for wheat growers
d)
Decrease in the price of seed
4.
The diagram represents a(n)
a)
increase in supply
b)
decrease in supply
5.
The law of supply states that as the price increases
a)
quantity supplied increases
b)
quantity supplied decreases
c)
supply increases
d)
supply decreases
6.
The price of tires have decreased and subsequently the supply of cars have increased because.
a)
price of related good
b)
decrease in taxes
c)
decrease in the cost of resources
d)
increase in subsidies
7.
The increase of use of robots in automotive manufacturing has increased the supply of cars because
a)
improvements in technology
b)
decrease in the price of resources
c)
increase in subsidies
d)
decrease in taxes
8.
Drought has hit the South East Asia and has the supply of onions will
a)
increase
b)
decrease
9.
Strawberries and blueberries can be grown on the same field. If the price of strawberries increased the
a)
supply of blueberries will increase
b)
supply of strawberries will increase
c)
supply of strawberries will decrease
d)
nothing will change
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