PART 1:

If it is a shift of the demand Curve, indicate in the shift box the type of shift ( Most Important If it is a Shift in the Demand Curve, if it is to the left or right of the demand curve, and if Movement Along the Demand Curve line if it increases or decreases along the line)

Movement along the DEMAND CURVE OR A shift in the DEMAND CURVE

1. Mammoth Mountain hikes the price for ski tickets and sales plummet.
2. Lack of snow keeps the skiers away.
3. An excise tax increases the price on cigarettes and causes younger smokers to quit.
4. Cutting cigarette ads from TV causes cigarette smoking among teens to fall.
5. Nike sales fall as Sketchers shoes gain popularity.
6. The high price of Nike Air Jordans means a small number of teenagers buying them.
7. Mortgage rates are at an all-time low, and new home loan applications soar.
8. A booming economy spurs home sales.

PART 2:

If it is a shift of the Supply Curve, indicate in the shift box the type of shift ( Most Important, If it is a Shift in the Supply Curve, if it is to the left or right of the Supply Curve, and if Movement Along the Supply Curve line if it increases or decreases along the line

Movement along the SUPPLY CURVE OR A shift in the SUPPLY CURVE

1. As home prices rise, more people put out a For Sale sign.
2. Personal bankruptcies rise with the recession, forcing homeowners to sell.
3. College grads avoid teaching jobs as starting salaries fall.
4. Worsening working conditions in urban schools chase away prospective teachers.
5. As the price of airline tickets rises, airlines add more flights.
6. The price of jet fuel drops, and airlines expand the number of flights.

Shifts and Movements Along the Supply Curve Decide whether the following examples indicate a shift of the Supply Curve or a movement along the Supply Curve. Mark the correct column with a \\/or X. If it is a shift of Supply indicate in the shift box the type of shift ( Most Important If it is a Shift in the Supply Curve, if it is to the left or right of the Supply Curve, and if Movement Along the Supply Curve line if it increases or decreases along the line) Movement along the A shift in the supply supply curve curve 1. As home prices rise, more people put out a For Sale sign. 2. Personal bankruptcies rise with the recession, forcing homeowners to sell. 3. College grads avoid teaching jobs as starting salaries fall. 4. Worsening working conditions in urban schools chase away prospective teachers. S. As the price of airline tickets rises, airlines add more flights. 6. The price of jet fuel drops and airlines expand the number of flights. Shifts and Movements Along the Demand Curve Decide whether the following examples indicate a shift of the demand curve or a movement along the demand curve. Mark the correct column with a \\/01" X. If it is a shift of demand, indicate in the shift box the type of shift ( Most Important If it is a Shift in the Demand Curve, if it is to the left or right of the demand curve, and if Movement Along the Demand Curve line if it increases or decreases along the line) Scenario Movement along the | A shiftin the demand demand curve curve 1. Mammoth Mountain hikes the price for ski tickets and sales plummet. 2. Lack of snow keeps the skiers away. 3. An excise tax increases the price on cigarettes and causes younger smokers to quit. 4. Cutting cigarette ads from TV causes cigarette smoking among teens to fall. 5. Nike sales fall as Sketchers shoes gain popularity. 6. The high price of Nike Air Jordans means a small number of teenagers buying them. 7. Mortgage rates are at an all-time low, and new home loan applications soar. 8. Abooming economy spurs home sales