1. The price of oil increases from 300 to 350MYR a barrel. What happens to supply of Air Asia flights?

3. In an effort to earn more in tax revenues the government of Malaysia has decided to tax Palm oil farmers for each acre of land they own.

5. Monkey Beach adventure tours has to drop the price of tours in order to maximize profits.

6. A B

7. Because the government of NZ has made it a priority to be the number one producer of Kiwi fruit in the world they subsidize the production of kiwis

9. Due to an over-abundance of tourists the waters around Koh Samui have become too cloudy to see wildlife. What happens to the snorkeling market in Koh Tao (a similar island)?

10. Due to an over-abundance of tourists the waters around Koh Samui have become too cloudy to see wildlife. What happens to the snorkeling market in Koh Tao?

11. Penang’s coconut rice becomes hugely popular among tourists drawing many more people to the island. What happens to the supply of coconut rice?

13. The price of cheap consumer goods goes up. What happens to goods that Tesco supplies?

15. Anticipating a future tax increase on the importation of motor bikes to the port of Georgetown, what happens to the supply of motor bikes in Penang?