Supply Quiz Review

Farmers receive an agricultural subsidy for soybeans. Graph for soybeans.

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The price of mint has doubled over the last year. Graph for mint flavored ice cream

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Papa Johns reduces the price of its pizzas. Graph for a Pepperoni Pizza.

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Ford develops a new assembly line increasing efficiency. Graph for Cars.

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Mark Zuckerberg creates a new game console, the Z-Box. Graph for Game Consoles.

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Stetson raises the price on all its hats. Graph for a new Cowboy Hat.

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Oscar Meyer reduces the price of its hotdogs. Graph for Hotdogs.

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The Levi’s factory lowers the price of jeans. Graph for Levi Jeans

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Aliens arrive on Earth and give humans new technology. Graph for new electronics.

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Which direction does the supply curve slope?

• Up and to the Right

• Down and to the left

• Up and to the Left

• Down and to the right