Change in Demand Or Change Quantity Demanded?

Slides:



Advertisements
Similar presentations
The Nintendo DS By Hailey Mae Mahoney. The Nintendo DS  The word DS comes from duel screen or digital screens  The DS is the 1 st handheld game system.
Advertisements

Chapter 5 Some Applications of Consumer Demand, and Welfare Analysis.
Supportive HARDWARE. Kidtrac Rollerball Kidtrac Rollerball.
Warm Up Divide. Round answers to the nearest tenth
3 SUPPLY AND DEMAND II: MARKETS AND WELFARE. Copyright © 2004 South-Western 7 Consumers, Producers, and the Efficiency of Markets.
Finance 476 Lecture 2. Brief History of the International Monetary System prior to 1945 (WW II): often used gold standard currencies were pegged to gold.
Copyright©2004 South-Western 30 Money Growth and Inflation Money Growth and Inflation.
Tiny PlayStation plays hard to get By Adam Graham / The Detroit News
Unit International Payment Flows Understand the components of International Currency Exchange.
Ratios, Rates, and Unit Rates
Welcome to Socials! 1920s newspapers are due!! I will come collect them! If you are not done, you are required to stay after with me for tutorial on Wednesday.
10.1: International Exchange.  Money: a medium of exchange used by a society  Money can store value and act as a unit for accounting.  Over time money.
9-14 Law of Supply. BIG Ideas Explain how the incentive of greater profit affects supply. Describe the relationships that the supply curve shows.
Copyright © 2011 Cengage Learning 9 Application: International Trade.
Elasticity of Demand. What goods would you always find money to buy even if the price were to raise drastically? What goods would you cut back on, or.
Income and Substitution Effects and Elasticity Lesson 3.46.
Demand for and Supply of Greebes PRICE $ per Greebe QUANTITY DEMANDED (millions of Greebes) QUANTITY SUPPLIED (millions of Greebes) $
Evaluating Algebraic Expressions 5-2 Rates and Unit Rates California Standards MG1.3 Use measures expressed as rates (e.g., speed, density) and measures.
Double Shifts in Supply and Demand
Sony Corporation Prepared By: Astra Curry Cole Lewis Brad Sayler.
United States Economy Review. What are “goods”? Can you think of a good you have bought?
Warm Up: November 7, 2013 Atoms are small!
What’s the Best Price? By: Blaire Bledsoe. Unit Rate Unit rate is a ratio that compares quantities of different units. To find the unit rate of something.
Console: Year made: Good Points: Bad Points: Picture:
Easton Royal Academy Parent guide: Keeping your children safe online.
Prices and Decision-Making. Role of Prices Market economy- prices perform allocation function (FOR WHOM?) Advantages of prices –Neutral –Flexible –Free.
Cohesion Water molecules are attracted to other water molecules. The oxygen end of water has a negative charge and the hydrogen end has a positive charge.
Who we are..... o Established in o Game Development Studio based in Dundee & Auckland, New Zealand. o Platforms include iOS, Android, Web, Sony.
Effect of a tax on price and quantity S + tax S O P1P1 Q1Q1 D P Q.
SOLVING PERCENTAGE of CHANGE EQUATIONS PRE213 A dress costs $45 but there’s a 25% off sale. What’s the new price? Sometimes it helps to use a table to.
Mr. Schoonover 9/29/2009.  What does the demand curve tell us?  What causes demand to change along the demand curve?  What about other factors? What.
Warm Up Thursday October 30 th Micah bought 4 cases of water that are on sale and paid a total of $12. Use the ratio table to determine how much additional.
Key data from 2013 Joseph Cox, 61155, Friday, 29 January 2016 Game Consoles Help to get you started.
25 Ways to Create Curiosity in Lessons Rob Plevin.
Chapter 4 and 5 Study Guide.
D1D1 The 4 shifts of the Supply and Demand Curve Shift 1- Demand Away D0D0 S 0 Price (P) Quantity (Q) P0P0 Q0Q0 P1P1 Q1Q1 4. ∆Q S; Movement along the S.
Minimum Price $100. Minimum Price $45 Minimum Price $40.
Minimum Price $100. Minimum Price $45 Minimum Price $40.
Figurative Language Learning Goals.
Elasticity of Demand.
Market economy self-regulating principles
The Keynesian Revolution
Burbage Primary School
Principles of Economics
Principles of Economics
Principles of Economics
Principles of Economics
Principles of Economics
Principles of Economics
Principles of Economics
Principles of Economics
Principles of Economics
Principles of Economics
Money Growth and Inflation
Demand and Supply The market price for products and services is affected by the demand and supply of products and services If there is a high supply and.
market for coffee: living the mug life
The Rules Each of you is either a firm or an investor.
Price Ceiling S Price PE D QE Quantity
The lines on the banner below are guides for lining up each piece.
Find the unit rate for typing 145 words in 5 minutes.
Long-Run Outcomes in Perfect Competition
Factors Affecting Demand:
S & D Warm Up.
Review What is the law of Demand?
Shifts in both Supply and Demand What happens to Price
Chapter Four: Elasticity.
DWU #1 Should the government provide its’ citizens with a free education? Should the government give you free food? Free house? Free college? What should.
Competitive Industry Report and Calculations
The country’s industry boomed, and the nation experienced a period called “The Era of Good Feelings” after the War of However, divisions began to.
19. The equilibrium quantity for blue jeans is 60 pairs.
Presentation transcript:

Change in Demand Or Change Quantity Demanded?

ET and Reese’s Pieces Following the product placement of Reese’s Pieces in the country’s most successful film, bags of Reese’s Pieces fly off the shelf at four times the pre-film pace. Change in Demand -or- Change on Quantity Demanded? Explain.

Nintendo Dsi Price Drop Nintendo drops the price of its Dsi handheld game player. Does this result in… Change in Demand -or- Change on Quantity Demanded? Explain.

Nintendo Dsi Price Drop Nintendo drops the price of its Dsi handheld player dramatically. How does this effect demand for the Sony PSP. Does it result in a… Change in Demand -or- Change on Quantity Demanded? Explain.

Gold Price Expectations (This is a Trick Question) If investors expect the price gold to increase from a current price of $1,100 per ounce to $15,000 per ounce, what effect will this have on current demand for gold? Will it result in a… Change in Demand -or- Change on Quantity Demanded? Explain.