SUPPLY & DEMAND #1

Front

When the supply for a good is high, its price ____

Back

Goes down

Front

A drought has made this year's tomato harvest smaller than usual. What will probably happen to the overall supply of tomato sauce?

Back

The supply will probably go down

Front

Weather forecasters predict this summer will be much hotter than usual. What will probably happen to the demand for air conditioners?

Back

The demand will probably go up

Front

What will happen to the price of watermelons due to the largest crop produced in years?

Back

The price will go down.

Front

What will happen to the price of apple juice if millions of people see a famous sports star drinking it on television and fans think it helps make the athlete strong?

Back

The price will go up.

Front

What will happen to the price of Smencils on Amazon Prime if there are only a few packs left and they are very popular?

Back

The price will go up.

Front

The amount of a good or service that is available to consumers

Back

Supply

Front

How much consumers want something is...

Back

demand