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Changes in demand wksht

advertisement
Name:_____________________________
Period:_____
Changes in Demand
1. A hair dye advertisement is successful.
PREDICTION: Its demand curve will shift ( left right)
Right
2. Peoples incomes decrease in the nation.
PREDICTION: The demand curve for video games will shift ( left, right)
left
3. The price of butter goes up.
PREDICTION: The demand for margarine will ( increase, decrease, stay the same)
Increased
4. The prices of computers goes down.
PREDICTION: People will buy ( more, the same, less ) software.
more
5. The price of insulin goes down.
PREDICTION: Diabetics will use ( more, the same, less) insulin.
More
6. The price of beef falls.
PREDICTION: The people will buy ( more, the same, less ) beef.
More
What is the ONLY thing that shifts Quantity Demanded? Price________________________
Weather forecasters say that a coming holiday weekend will be sunny.
Sunblock right
Name:_____________________________
Period:_____
There is a shortage of cream cheese due to a transportation strike.
Bagels left
There is a huge sale on peanut butter.
Jelly right
The price for red meat drops.
Chicken Breast
right
Name:_____________________________
Period:_____
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