 Graph each of the following supply graphs. Then indicate which of the determinants caused the change.  Start with a basic supply graph  List the determinant.

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Presentation transcript:

 Graph each of the following supply graphs. Then indicate which of the determinants caused the change.  Start with a basic supply graph  List the determinant  Graph the shift

 What will happen to the supply for LCD screens since they have developed new techniques for increased production?  What is the determinant that caused the change?

 What will happen to the supply of coffee when the wages for the pickers of coffee increases?  What is the determinant that caused the change?

 What will happen to the supply of gasoline when the government excise taxes on them are reduced?  What is the determinant that caused the change?

 What will happen to the supply for canned pineapples when the crops are ruined by a freeze?  What is the determinant that caused the change?

 What will happen to the supply of new homes if the government decides to require all new homes to be environmentally friendly (recycled material, energy efficient windows, solar panels, etc)  What is the determinant that caused the change?

 What will happen to the supply of chicken when Raising Canes is opening 3 new stores in town?  What is the determinant that caused the change?

 What will happen to the supply of cigarettes when the government wants to alleviate the harm of smoking by reducing the consumption of cigarettes, and raises its tax on them?  What is the determinant that caused the change?

 What will happen to the supply of cotton when the government wants to increase the production of cotton to export and decides to give monetary incentives to the cotton producers?  What is the determinant that caused the change?

 What will happen to the supply of toys when new machinery has been developed to speed production?  What is the determinant that caused the change?

 What will happen to the supply of American automobiles if Ford and General Motors go out of business?  What is the determinant that caused the change?