Supply and Demand for
Caribou Coffee
Example of Project 1
Mr. Topinka
New study shows that coffee may have cancer
fighting qualities
Price of
(Caribou)
Coffee
S
Demand: Tastes and Preferences
P2
P1
D2
D1
Q1
Q2
Quantity, Number of
Cups
Average salary for Economics teachers rises
Price of
(Caribou)
Coffee
Demand: Income
S
P2
P1
D2
D1
Q 1 Q2
Quantity: Number of
Cups
Starbucks Coffee announces lower prices on
their products across the board
Price of
(Caribou)
Coffee
S
P1
P2
D2
Q2 Q1
D1
Quantity: Number of
Cups
Demand: Price of Related
Substitutes
Price of Coffee Beans Fall’s
Price of
(Caribou)
Coffee
S1
S2
P1
P2
D
Q1 Q2
Quantity:
Number of Cups
Supply: Costs of
Production
Caribou introduces new technology that allows
coffee beans to be roasted in half the time
Price of
(Caribou)
Coffee
S1
S2
P1
P2
D
Q1 Q2
Quantity: Cups of
Coffee
Supply: Technology
Governor Dayton Signs new excise tax on
coffee into law
S2
Price of
(Caribou)
Coffee
S1
P2
P1
D
Q2 Q1
Quantity: Cups of
Coffee
Supply: Taxes
But Mr. Topinka… How do I put a graph in a
PowerPoint?