Chapter 4 Demand and Supply Class Discussion Questions
1. Solve the following graphically
A. If demand and supply increase an equal amount, price ___________and quantity___________ .
B. If demand increases and supply decreases an equal amount, price ____________and quantity___________ .
C. If demand decreases and supply increases an equal amount, price ____________and quantity_________ .
D. If demand decreases and supply deceases an equal amount, price ____________and quantity___________ .
E. If demand increases and supply increases much more, then price _______________ and quantity________________ .
F. If demand increases and supply decreases much more, then price _______________and quantity______________ .
2. Give examples of E and F that have happened in recent history.
s
Answers to Chapter 4 Class Discussion Questions | Table of Contents |
Go to Chapter 4 Homework Questions | Economics Free Stuff |