Over the next 3 minutes you will see 10 questions relating to shifting demand and supply curves....

3
Over the next 3 minutes you will see 10 questions relating to shifting demand and supply curves. Assuming for each question the original equilibrium point is at position X, what is the new equilibrium position after each change that has occurred? Assume that Product A is a normal good. Hopefully, you will be happy with your answers by the end of the song! Quantity of Product A Price of product A D1 D2 S1 D3 S2 S3 X H I C A B D E F

TAGS:

Transcript of Over the next 3 minutes you will see 10 questions relating to shifting demand and supply curves....

PowerPoint Presentation

Over the next 3 minutes you will see 10 questions relating to shifting demand and supply curves.Assuming for each question the original equilibrium point is at position X, what is the new equilibrium position after each change that has occurred?Assume that Product A is a normal good.Hopefully, you will be happy with your answers by the end of the song!Quantity of Product APrice ofproduct AD1D2S1D3S2S3XHICABDEF

Quantity of Product APrice ofproduct AD1D2S1D3S2S3

XHICABDEF

Product A becomes more fashionable1Workers making Product A receive a pay increase2Income tax increases by 2%3Product B is a substitute for product A. The price of Product B decreases.4Demand for product C (which uses Product A as a component) decreases. Producers of Product A install new machinery to reduce cost of production.5Demand for product C (which uses Product A as a component) decreases. Producers of Product A install new machinery to reduce cost of production.5Product A and Product D are in joint supply. There has been an increase in demand for product D.6There has been a large increase in utility bills in the past few months. The poor weather conditions have hampered production of Good A7Product Z is a complement to product A. Product Z falls in price. The government increases an indirect tax on Product A8The Government provides a subsidy to the manufacturers of Product A. New manufacturers enter the market for Product A.9There has been a fall in the exchange rate between country A (which produces good A) and country B. Manufacturers of product A purchase raw materials from country B.10Happy now? Click to go through the answers!

Product A becomes more fashionable1AWorkers making Product A receive a pay increase2HIncome tax increases by 2%3EProduct B is a substitute for product A. The price of Product B decreases.4EDemand for product C (which uses Product A as a component) decreases. Producers of Product A install new machinery to reduce cost of production.5FProduct A and Product D are in joint supply. There has been an increase in demand for product D.6IThere has been a large increase in utility bills in the past few months. The poor weather conditions have hampered production of Good A7DProduct Z is a complement to product A. Product Z falls in price. The government increases an indirect tax on Product A8CThe Government provides a subsidy to the manufacturers of Product A. New manufacturers enter the market for Product A.9FThere has been a fall in the exchange rate between country A (which produces good A) and country B. Manufacturers of product A purchase raw materials from country B.10HQuantity of Product APrice ofproduct AD1D2S1D3S2S3XHICABDEF


Assuming Practice Assuming Problems Sociology and Nursing Education Draft

Assuming Practice Assuming Problems Sociology and Nursing Education Draft

ASSUMING SIZE

ASSUMING SIZE

SNOWMELT INFILTRATION TO FROZEN PRAIRIE SOILS · Coordinates of dimensionless snowmelt infiltration curves for Advanced, Linear and Delayed patterns assuming con- tinuous melt and

SNOWMELT INFILTRATION TO FROZEN PRAIRIE SOILS · Coordinates of dimensionless snowmelt infiltration curves for Advanced, Linear and Delayed patterns assuming con- tinuous melt and

Influence of fine particles on internal erosion of sand-clay mixtures · 2017-10-17 · 2004a, b] defined the variation of erosion rate assuming the erosion curves (i.e. erosion rate

Influence of fine particles on internal erosion of sand-clay mixtures · 2017-10-17 · 2004a, b] defined the variation of erosion rate assuming the erosion curves (i.e. erosion rate

Poverty, Inequality, and Development · Poverty, Inequality, and Social Welfare •What’s so bad about inequality? •Dualistic development and shifting Lorenz curves: some stylized

Poverty, Inequality, and Development · Poverty, Inequality, and Social Welfare •What’s so bad about inequality? •Dualistic development and shifting Lorenz curves: some stylized

Internal: 25 Subject Code : UEA External : 75 Exam Hours ... · OBJECTIVES: 1. To teach the students about the basic concepts in Micro Economics. ... Shifting of IS, LM Curves –

Internal: 25 Subject Code : UEA External : 75 Exam Hours ... · OBJECTIVES: 1. To teach the students about the basic concepts in Micro Economics. ... Shifting of IS, LM Curves –

11 X1 T02 10 shifting curves II

11 X1 T02 10 shifting curves II

Doppler Shifting by AstroCappella Doppler Shifting.

Doppler Shifting by AstroCappella Doppler Shifting.

For to say that, assuming the earth moves and the sun ... · called a schema. In a chaos of shifting impressions each of us constructs a stable world in which objects have recognisable

For to say that, assuming the earth moves and the sun ... · called a schema. In a chaos of shifting impressions each of us constructs a stable world in which objects have recognisable

Avoiding fishy growth curves - Dulvy Lab · cesses. By integrating and converting to a length formulation (assuming weight is proportional to the third power of length) vonBertalanffydefinedgrowthinlengthas:

Avoiding fishy growth curves - Dulvy Lab · cesses. By integrating and converting to a length formulation (assuming weight is proportional to the third power of length) vonBertalanffydefinedgrowthinlengthas:

11 X1 T02 09 shifting curves I (2010)

11 X1 T02 09 shifting curves I (2010)

Shifting the Dialog, Shifting the Culturegupress.gallaudet.edu/excerpts/SDSCintro.pdfindividuals, Shifting the Dialog, Shifting the Culture looks more systemically at the factors associated

Shifting the Dialog, Shifting the Culturegupress.gallaudet.edu/excerpts/SDSCintro.pdfindividuals, Shifting the Dialog, Shifting the Culture looks more systemically at the factors associated

Rational curves interpolated by polynomial curves

Rational curves interpolated by polynomial curves

THE EXABEAM SECURITY INTELLIGENCE PLATFORM · shifting both the cost and effectiveness curves. A modern security intelligence solution would leverage: • Open source big data technologies

THE EXABEAM SECURITY INTELLIGENCE PLATFORM · shifting both the cost and effectiveness curves. A modern security intelligence solution would leverage: • Open source big data technologies

On Electroreduction of Nitrobenzene: Nominal Simulation of ...article.aascit.org/file/pdf/9740776.pdf · Simulation of curves in Figure 1 was carried out assuming heterogeneous single-electron

On Electroreduction of Nitrobenzene: Nominal Simulation of ...article.aascit.org/file/pdf/9740776.pdf · Simulation of curves in Figure 1 was carried out assuming heterogeneous single-electron

Shifting Shorelines, Shifting Conservation Strategies ......September 2011 Shifting Shorelines, Shifting Conservation Strategies: Assessing Wetland Conservation Priorities in Maryland

Shifting Shorelines, Shifting Conservation Strategies ......September 2011 Shifting Shorelines, Shifting Conservation Strategies: Assessing Wetland Conservation Priorities in Maryland

Shifting wealth, shifting gender relations? Gender ... · Shifting wealth, shifting gender relations? Gender inequality and social cohesion in a converging world Karen Barnes, Nejma

Shifting wealth, shifting gender relations? Gender ... · Shifting wealth, shifting gender relations? Gender inequality and social cohesion in a converging world Karen Barnes, Nejma

RIGID, NARROW AND INFORMAL SHIFTING THE GENDER … · SHIFTING THE GENDER IMBALANCE IN CONSTRUCTION: BUILDING INDUSTRY SPECIFIC RESPONSES NATALIE GALEA ... 1.2 Assuming Women’s

RIGID, NARROW AND INFORMAL SHIFTING THE GENDER … · SHIFTING THE GENDER IMBALANCE IN CONSTRUCTION: BUILDING INDUSTRY SPECIFIC RESPONSES NATALIE GALEA ... 1.2 Assuming Women’s

11 x1 t02 09 shifting curves i (2013)

11 x1 t02 09 shifting curves i (2013)

Horizontal Curves Chapter 24. Types of Circular Curves Simple Curve Compound Curves Broken-Back Curves Reverse Curves Broken-Back Curves should be avoided.

Horizontal Curves Chapter 24. Types of Circular Curves Simple Curve Compound Curves Broken-Back Curves Reverse Curves Broken-Back Curves should be avoided.