Supply and Demand Flashcard

Front

What happened to the supply of ice cream cones?

Back

The supply increased

Front

A drought destroys many crops, and farmers cannot grow enough apples. What will happen to the price of apples?

Back

The price will go up

Front

What is happening to the demand for the video game?

Back

The demand is increasing

Front

A new restaurant opens in your town. It sells the same kind of pizza as another restaurant, but at a cheaper price. What will likely happen to the price of pizza at the old restaurant?

Back

The price will go down

Front

A big storm damages a lot of houses, and people need more roofing supplies to fix their homes. What will happen to the price of roofing supplies?

Back

The price will increase.

Front

A new company starts making super fast computers, and soon, lots of stores start selling them. The price of the new computers drops over time. Why is the price of the computers decreasing?

Back

The supply is increasing

Front

What caused the price to increase?

Back

The supply decreased

Front

After a good harvest, there are more strawberries available in stores. What will happen to the price of strawberries?

Back

The price will go down

Front

What is happening to the demand for fidget spinners?

Back

The demand is increasing

Front

A famous athlete promotes a new brand of sneakers, and suddenly, everyone wants to buy them. What will happen to the demand for the sneakers?

Back

The demand will increase