The first four boxes, you are just telling me which direction the graph is moving.. Refer to the notes if you need to. The next 9 boxes, you are telling me if the Demand is increasing or decreasing and then why. You are choosing from the answer choices at the bottom of the box. If u don't understand something because of the image let me know!
Demand Activity Smartphone prices fall. Gasoline prices rise. Increase in Demand Decrease in Demand Result: Increase in Result: Decrease in Moves outward Quantity Demanded Quantity Demanded Moves inward moves outward to right moves outward to left right right left right 1. Fidget spinners become less popular. 2. War becomes imminent in the 3. Incomes rise. D for fidget spinners? Middle East. D for gasoline? D for prime rib? Decreasing since it is becoming less popular Increasing since the supply curve will be now so the production and value is less Increasing since more people they want to higher and also consumers are craving it will make you pay more it but it drops back buy it more down when there isn't as much people Change in (circle the correct curve shifter below) Change My Change in: Consumer Tastes; (circle the correct curve shifter below) (circle the correct curve shifter below) Consumer Tastes; Consumer Tastes; Substitute Prices; Complement Prices; Consumer Income; Expected Prices; Substitute Prices; Complement Prices; Substitute Prices; Complement Prices; Number of Consumers Consumer Income; Expected Prices; Consumer Income; Expected Prices; Number of Consumers Number of Consumers 4. The country experiences a large 5, The price of Powerade falls. 6. The price of laptop computers falls. population increase. D for clothing? D for Gatorade? D for computer accessories? Increasing since there are trends so many Decreasing since not many people don't increasing since we are in quarantine right will keep buying and buying to stay with the drink it as much unless they play sports or now and a lot of people are gaming and latest hits any activities working inside so there should be an increase in it Change in: Change in: Change in: (circle the correct curve shifter below) (circle the correct curve shifter below) (circle the correct curve shifter below) Consumer Tastes; Consumer Tastes; Consumer Tastes; Substitute Prices; Complement Prices; Substitute Prices; Complement Prices; Substitute Prices; Complement Prices; Consumer Income; Expected Prices; Consumer Income; Expected Prices; Consumer Income; Expected Prices; Number of Consumers Number of Consumers Number of Consumers 7. Unemployment rises substantially. 8. Wearing ripped jeans is in fashion. 9. Tech experts announce smartphone D for automobiles? D for ripped jeans? prices will fall in the near future. D for Apple smartphones? Decreasing because in a way the rich keeps Increasing since you are producing this and Increasing since many people want the getting richer and those people just buy it is a trend latest hits better cars Change in Change in: Change in: (circle the correct curve shifter below) (circle the correct curve shifter below] (circle the correct curve shifter below) Consumer Tastes; Consumer Tastes; Consumer Tastes; Substitute Prices; Complement Prices; Substitute Prices; Complement Prices; Substitute Prices; Complement Prices; Consumer Income; Expected Prices; Consumer Income; Expected Prices; Consumer Income; Expected Prices; Number of Consumers Number of Consumers Number of Consumers
