Name ____________________________

Date ______________

Intro to Business Unit 2: Economics

Supply & Demand Curves REVIEW 1. Draw an INCREASE in demand. 2. With an increase in demand, what do you expect to happen to the quantity produced? (increase / decrease) 3. What do you think will eventually happen to the price? (increase / decrease)

1. Draw a DECREASE in demand. 2. With a decrease in demand, what do you expect to happen to the quantity produced? (increase / decrease) 3. What do you think will eventually happen to the price? (increase / decrease)

1. Draw an INCREASE in supply. 2. With an increase in supply, what do you expect to happen to the quantity produced? (increase / decrease) 3. What do you think will eventually happen to the price? (increase / decrease)

1. Draw a DECREASE in supply. 2. With a decrease in supply, what do you expect to happen to the quantity produced? (increase / decrease) 3. What do you think will eventually happen to the price? (increase / decrease)

Period _____

Review-Supply Demand Curves.pdf

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