Question
1. The manufacturer of the computer games raises the price on the games . a. Supply or Demand b. Increase or Decrease c. Shifter d.
1. The manufacturer of the computer games raises the price on the games .
a. Supply or Demand
b. Increase or Decrease
c. Shifter
d. After: Price = ? Quantity = ?
2. In order to make computer games available to low-income families, Congress sets a price ceiling for the games.
a. Supply or Demand
b. Increase or Decrease
c. Shifter
d. After: Price = ? Quantity = ?
3. The popularity of the computer games increases in the world markets. At the same time new technology lowers the production cost. (Double Shift)
a. Demand: Up or Down
Supply: Up or Down
b. Shifter for Demand:
Shifter for Supply:
c. After: Price = ? Quantity = ?
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