Name: Period: Shifts in Supply Worksheet Directions: For each scenario, draw the supply for the good in parentheses. Then, based on what is written in the scenario, shift the supply graph appropriately. Be sure to label the original supply curve as \"S1\" and the shifted supply curve as \"S2\" and draw arrows to show if the supply curve shifted to the right or left. Label the axes on the graph. Then, write what the determinant of supply is. 1. The summer season is approaching, and soon consumers will be heading to stores to update their winter wardrobes (winter clothes). 3. New healthy restaurants open up throughout the state (healthy food). 5. Laptop makers start making tablets because they hear that tablets will yield higher profits (laptops). 2. The shipping costs of cotton have decreased (cotton T-shirts). 4. A storm causes a boat transporting iPhones to be lost at sea (iPhones). 6. Wheat farmers switch production to corn because corn will be mare profitable (corn). 7. A new tax is placed on restaurants serving foods with trans fat or high amounts of saturated fat (fast food). 9. High-low skirts are now considered out of style, so consumers will probably stop buying them soon (high-low skirts). 11. Unusually good weather has enabled farmers to produce record crops (vegetables). 8. New high-tech machines have replaced workers at a toy factory (toys). 10. Many bookstores, like Borders and Barnes & Noble, have closed (books). 12. Leather has become more expensive (leather shoes)