Quiz #4 Supply

Laptop makers start making tablets because they hear that tablets will yield higher profits . Which determinant of supply is this showing?

Laptop makers start making tablets because they hear that tablets will yield higher profits. Therefore, the supply of tablets will

• increase

• decrease

Laptop makers start making tablets because they hear that tablets will yield higher profits . Which graph depicts the change in supply for tablets?

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• 
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What does a shift to the RIGHT of the supply curve indicate?

• increase in quantity supplied

• Increase in supply

• decrease in supply

• decrease in quantity supplied

What does a shift to the left of the supply curve indicate?

• increase in supply

• decrease in supply

• increase in quantity supplied

• decrease in quantity supplied

Leather has become more expensive. What will happen to the supply of Leather Shoes?

• increase

• decrease

Leather has become more expensive. Therefore, the supply of Leather Shoes changes. Which determinant of supply is being illustrated in the example?

Leather has become more expensive. Which of the graphs below depicts the change in supply of Leather Shoes?

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A storm causes a boat transporting iPhones to be lost at sea. What will happen to the supply of iPhones?

• increase

• decrease

A storm causes a boat transporting iPhones to be lost at sea. Which determinant of supply is being illustrated in the scenario?