Chapter 4 Demand and Supply  Class Discussion Questions

1. Solve the following graphically

     A. If demand and supply increase an equal amount, price ___________and quantity___________ .

 

     B. If demand increases and supply decreases an equal amount, price ____________and quantity___________ .

 

 

     C. If demand decreases and supply increases an equal amount, price ____________and quantity_________ .

 

 

     D. If demand decreases and supply deceases an equal amount, price ____________and quantity___________ . 

 

     E. If demand increases and supply increases much more, then price _______________ and quantity________________ .

 

F. If demand increases and supply decreases much more, then price _______________and quantity______________ .

 

2. Give examples of E and F that have happened in recent history.

 

 

 

 

 

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