1. Make up a story that involves a consumer (demander) making a decision to buy or not buy something based on tastes and preferences.

2. If you were producing eye glasses and knew that the price of plastic used to make the lens was going to go up dramatically in two weeks, what might you do?

3.Tell me about a time in your life when you noticed the weather impacting the supply of an item that you wanted to buy.

4. Because RIT required everyone to get a COVID booster shot, explain how this might impact the supply and demand of the booster vaccine in the Rochester area.

5. Make up a story that involves a consumer (demander) making a decision to buy or not buy something based on tastes and preferences.

6. When we talk about the Law of Demand or the Law of supply, part of the definition says "all other things constant" or "all other things remain the same". What does that mean?

7.