TS -001-AB - Economics ($2) x Bb Supply Test - Part 2 - Google Doc X G samsung purchases new technol x + bdav/pid-4415526-dt-content-rid-8274742_1/courses/2021.35.2511.02.04/Supply%20Test%20-%20Part%202%20- 3 100% + 12. Plague hits the lamb population. (Gyros) I 13. Cotton prices fall to all time lows. (T-shirts) 14. OSHA requires that all airline workers work no more than 30 hrs per week. (Airline tickets) 15. State of PA places an additional charge/tax on land used to grow tobacco. (Cigarettes) DELL F6 F7 F8 F9 F10 F11 F12 PrtScr In % &AB - Economics ($2) x Bb Supply Test - Part 2 - Google Do: x G samsung purchases new technol x + Did-4415526-dt-content-rid-8274742_1/courses/2021.35.2511.02.04/Supply%20Test%20-%20Part%202%20-%20Goo... 100% 21. Oil prices have been reduced by oil producing countries of the world (OPEC). (Oil Based Paints) I 22. Although iron ore is still available in the US, the quality of the ore has diminished. (Steel Beams) 23. Americans bombed German tank factories during WWII. (German Tanks) 24. Mass production techniques, used by Tesla, allows them to use less workers to produce their vehicles. (Tesla Vehicles) 25. A large hurricane destroys thousands of acres of woodlands in Mississippi, about to be harvested. (Cabinets and cupboards) 7:28 3/29 DELL F8 F9 F10 F11 F12 PrtSer Insert F5 F6 F7 51 % & 5 8 O 6 701-AB - Economics ($2) x Bb Supply Test - Part 2 - Google Doc x G samsung purchases new technol x + v/pid-4415526-dt-content-rid-8274742_1/courses/2021.35.2511.02.04/Supply%20Test%20-%20Part%202%20-%20Goo... 2 100% 7. Two new South American companies begin producing laptops (Laptops) 8. As a result of a population boom 10 years ago, demand for iPhones will increase dramatically next year. (iPhones) 9. A new hybrid engine has been developed that is more fuel efficient and cheaper to produce. (Hybrid vehicles) 10. Major recession hits and unemployment skyrockets. Jewelers have to lower prices to stay in business. (Diamond rings) 11. There's an increased demand in Gyros, at a local diner, causing the price of Gyros to triple. The restaurant prides itself on making one of the "best cheesesteaks in town." (Cheesesteaks) 9 3/2 DELL F12 PrtScr Insert F6 F7 F8 F9 F10 F11 % & * 6 8 9 5-AB - Economics ($2) x Bb Supply Test - Part 2 - Google Doc x G samsung purchases new technol x - pid-4415526-dt-content-rid-8274742_1/courses/2021.35.2511.02.04/Supply%20Test%20-%20Part%202%20-%20Goo... 3 100% + 16. Price of hamburgers increased 30%. (Hamburgers) 17. A local restaurant can produce pizza and/or wings. A demand increase causes the price for wings to increase by 500%. (Pizza) 18. The book binding company NASH uses for its yearbooks charges 20% more this year. (NASH Yearbooks) 19. The price of sugar increases. (Jelly Beans) 20. A development firm bought all the land around a large lake in Minnesota. The local government places a high property tax on the land to raise money for a nearby school. (Land around the lake) 7:28 A 3/29/20 DELL F8 F9 F10 F11 F12 PrtScr Insert De 5 F6 F7 % & * Back 5 6 7 8 9 O T Y U O P01-AB - Economics ($2) x Bb Supply Test - Part 2 - Google Doc X G samsung purchases new technol x + /pid-4415526-dt-content-rid-8274742_1/courses/2021.35.2511.02.04/Supply%20Test%20-%20Part%202%20-%20G 100% + 4. "Snowmageddon" in Florida. (Oranges) I 5. Workers in component factories go on strike. (iPads) 6. Government places a 30% excise tax on each gallon of gasoline produced. (Gasoline) DELL F6 F9 F10 F11 F12 PrtScr Inse F7 F8