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WorksheetsEcon: Graphing Change in Supply & Change in Demand
Total questions: 12
Worksheet time: 12mins
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Class
Date
1.
In the above figure, the movement from point a to point b reflects
a)
a decrease in the price of pizza
b)
an increase in the demand for pizza
c)
an increase in the number of people who eat pizza
d)
a decrease in the number of firms producing pizza
2.
In the above figure, the shift in the demand curve from D to D1 can be the result of
a)
an increase in the price of pizza
b)
an increase in the price of a sub sandwich, a substitute for pizza
c)
an increase in the price of soda, a complement to pizza
d)
a change in quantity demanded
3.
In the above figure, the shift in the demand curve from D to D2 can be the result of
a)
an increase in income if pizza is a normal good
b)
an increase in the price of a sub sandwich, a substitute for pizza
c)
an increase in the price of soda, a complement to pizza
d)
a change in quantity demanded
4.
Pizza is a normal good. In the above figure, the shift in the demand curve from D to D2 can be the result of
a)
a decrease in the price of soda, a complement to pizza
b)
an increase in the price of hamburgers, a substitute for pizza
c)
a decrease in income
d)
a study that shows that pizza is a very healthy food
5.
In the above figure, the shift in the demand curve from D to D1 can be the result of
a)
a decrease in income if pizza is a normal good
b)
a decrease in the price of a sub sandwich, a substitute for pizza
c)
an increase in the price of soda, a complement to pizza
d)
an increase in the number of teenagers, all of whom demand more pizza than do other age groups
6.
In the above figure, ____ will shift in the demand curve from D to D1
a)
an increase in income if pizza is an inferior good
b)
a decrease in the price of a sub sandwich, a substitute for pizza
c)
buyers' expectation that pizza will be less expensive next week
d)
a scientific article published that demonstrates eating pizza is good for one's health
7.
In the above figure, the movement from point a to point b reflects
a)
an increase in the price of pizza
b)
an increase in the supply of pizza
c)
an increase in the number of producers of pizza
d)
a decrease in the cost of the tomato sauce used to produce pizza
8.
In the above figure, the shift in the supply curve from S to S1 reflects
a)
an increase in the quantity of pizza supplied
b)
a decrease in the quantity of pizza supplied
c)
an increase in the supply of pizza
d)
a decrease in the supply of pizza
9.
In the above figure, the shift in the supply curve from S to S2 reflects
a)
an increase in the quantity of pizza supplied
b)
a decrease in the quantity of pizza supplied
c)
an increase in the supply of pizza
d)
a decrease in the supply of pizza
10.
In the above figure, the shift in the supply curve from S to S2 might reflect
a)
a decrease in the cost of the tomato sauce used to produce pizza
b)
a decrease in the number of pizza producers
c)
an increase in the price of a pizza
d)
an increase in income if pizza is a normal good
11.
In the above figure, an increase in cost of the cheese used to produce pizza
a)
shifts the supply curve from S to S1
b)
shifts the supply curve from S to S2
c)
results in a movement from point a to point b
d)
results in a movement from point b to point a
12.
In the above figure, an increase in productivity
a)
shifts the supply curve from S to S1
b)
shifts the supply curve from S to S2
c)
results in a movement from point a to point b
d)
results in a movement from point b to point a
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