more macroeconnomics
hawkeye
unit_discussion_graphs.pptTo help you in analyzing the Discussion question:
- Choose the correct slide from the following.
- Reposition the appropriate arrows and labels from the bottom to the correct positions on the slide
- Delete the unnecessary arrows and labels.
- Copy and paste the slide into a word document and attach it to your post.
- In your post, explain which of the reasons caused the shift
0
Low
Price
High
Price
S1
S1
D1
D1
D2
D2
California HIGH temperatures
$
Few
Many
Q
P1
P2
Q1
Q2
E1
E2
Why would demand curve shift?
- Change in # of consumers
- Change in INCOME
- Change in TASTE for this item
- Change in EXPECTATIONS
- Change in price of the SUBSTITUTE product
Use arrows & labels to indicate your analysis.
*
Sharks Reported FEEDING
S1
S1
D2
D2
D1
D1
$
Few
Many
Q
P1
P2
Q1
Q2
E1
E2
Why would demand curve shift?
- Change in # of consumers
- Change in INCOME
- Change in TASTE for this item
- Change in EXPECTATIONS
- Change in price of the SUBSTITUTE product
Use arrows & labels to indicate your analysis.
0
Low
Price
High
Price
*
0
Low
Price
High
Price
S1
S1
D1
D1
High $ = more surfboard makers
S2
S2
$
Few
Many
Q
P1
P2
Q1
Q2
E1
E2
Use arrows & labels to indicate your analysis.
Why would supply curve shift?
- Change in # of suppliers
- Change in INPUT prices
- Change in TECHNOLOGY
- Change in EXPECTATIONS
- Change in price of the RELATED product
*
0
Low
Price
High
Price
S2
S2
D1
D1
High $ of epoxy to make SB’s
S1
S1
$
Few
Many
Q
P1
P2
Q1
Q2
E1
E2
Use arrows & labels to indicate your analysis.
Why would supply curve shift?
- Change in # of suppliers
- Change in INPUT prices
- Change in TECHNOLOGY
- Change in EXPECTATIONS
- Change in price of the RELATED product
*
