Supply and Demand

Front

What happens to Ep and Eq if a storm destroys all Alaskan oil drills?

Back

Ep increase, Eq decrease

Front

What happened to the Eq and Ep of Meijer french fries if the price of Ore Ida tater tots went down?

Back

Ep decrease Eq decrease

Front

What happened to the Eq and Ep if American income increased 10%?

Back

Ep increase Eq increase

Front

What happens to Ep and Eq if workers go on strike?

Back

Ep increase, Eq decrease

Front

What happens to Ep and Eq if new production technology is invented?

Back

Ep decrease Eq increase

Front

What happens to the Eq and Ep of computers if the price of processors decreases?

Back

Ep decrease Eq increase

Front

What happens to the Eq and Ep of peanut butter if the price of jelly increases?

Back

Ep decrease, Eq decrease

Front

What happens to a supply curve when supply goes down?

Back

moves left

Front

What happens to a demand curve when demand goes down?

Back

moves left

Front

What happens to a demand curve when demand goes up?

Back

moves right