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Changes in Supply Activity
Name: _________________________ Date: ________________ Period: _______ Changes in Supply Activity Directions: Make the appropriate change to the graph to illustrate the situation. (4 movements / 6 shifts) P Supply of tables P Qs Supply of cell phones S1 S1 A A Qs The wood you use to build tables has become more expensive. The price of cell phones goes up. P Qs Supply of Dell PCs P Qs Supply of Cars S1 S1 A A Dell announces that it will cut the cost of PCs in 6 months. You bring in a machine that makes easier for your workers to make cars. P Qs Supply of Skyscrapers P Qs Supply of Gasoline S1 S1 A A The government requires that you use high quality steel when building skyscrapers. The price of gasoline drops.
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P Qs S1 The government provides a subsidy that pays farmers for each ton of wheat they produce. A Supply of Wheat P Qs S1 The price of blue jeans goes up. A Supply of blue jeans P Qs S1 The price of pizza goes down. A Supply of pizza P Qs S1 A shoe company cuts the vacation days of it’s employees making them unhappy A Supply of shoes
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