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Worksheets

Change in Supply

Total questions: 11

Worksheet time: 9mins

Name
Class
Date
1.

improved technology in production

a)

increase in supply

b)

decrease in supply

2.

increase in the minimum wage

a)

increase in supply if labor

b)

decrease in supply labor

3.

increase in the price of an input used in production

a)

increase in supply

b)

decrease in supply

4.

decrease in the cost of capital (interest rates)

a)

increase in supply

b)

decrease in supply

5.

decrease in the cost of energy used in production

a)

increase in supply

b)

decrease in supply

6.

decrease in the cost of advertising

a)

increase in supply

b)

decrease in supply

7.

increase in government subsidies to producing firms

a)

increase in supply

b)

decrease in supply

8.

increase in excise or sales taxes

a)

increase in supply

b)

decrease in supply

9.

increase in the number of firms in the market

a)

increase in supply

b)

decrease in supply

10.

expectation that mad cow disease has come to California

a)

increase in supply of beef

b)

decrease in supply beef

11.

Dollar General opens a new store in Tulelake

a)

increase in supply of food

b)

decrease in supply of food