Sunday, January 28, 2018

Supply and Demand Practice

In your response, select the first unanswered problem from the table. Give your answers to the problem and then leave a problem of your own. The first to respond will answer #2 and leave question #34, the next student to respond will answer #3 and leave #35 and so on.

Market
Event
Would the demand curve or supply curve shift?
Would the curve shift to the right or left?
Determinant
Involved
1. wheat
A drought destroys much of the crop.
Supply
Left
Stoner (R)
Resources/Raw Materials
2. redwood lumber
Environmentalists urge consumers to boycott redwood products.



3. cigars
A new study shows that smoking cigars results in lots of wrinkles.



4. butter
The price of margarine goes up.



5. paper
The price of wood pulp rises.



6. Hula hoops
Brad Pitt confides to People   magazine that "he gets a big kick out of his hula hoop."



7. yachts
The average price of stocks falls by over 20% between now and the end of the year.



8. gasoline
Large sports-utility vehicles   (like Suburbans and Expeditions) become more popular.



9. umbrellas
Heavy rain is forecast.



10. tofu
E. Coli bacteria is found in another meat plant.



11. gasoline
Two oil supertankers collide.



12.hamburger
The price of hamburger rises.



13.oranges
There's an early frost which   destroys much of the crop.



14. apples
A new pesticide is developed which controls tent caterpillars.



15. grapes
The National Marines Fisheries Service bans pesticide spraying within 1,000 feet of waterways containing coho salmon.



16. wine
The average wage of grape harvesters rises by 10%.



17. U.S. cars
The U.S. imposes a tariff on Japanese car imports.



18. hospital beds
Scientists discover a pill that cures cancer.



19. cement
A 7.9 earthquake hits San Francisco.



20.Video rentals
The price of getting cable TV goes up.



21. windshields
A new law is passed requiring gravel trucks to cover their loads with tarps.



22.Taxi service
Local subway workers go on strike



23.Bike helmets
The price of bicycles goes down



24.melons
The cost of water goes up.



25. Lucernemilk
The price of Safeway milk goes down.



26. jellybeans
The price of jellybeans goes up.



27.Oreo cookies
The price of milk increases.



28.Burger King whoppers
McDonald's lowers the price of Big Macs.




29. Hot dogs
60 Minutes does an expose called "The Truth about Hot Dogs."



30.Hot dog buns
The price of flour rises



31. butter
Mad Cow Disease wipes out a lot of dairy cows.



32. candles
An electric company official announces that a computer bug will likely result in power outages.



33. Cowboy boots
Old Navy launches an ad campaign called "Everyone in cowboy boots."




34. Your entry

102 comments:

Unknown said...
This comment has been removed by the author.
Unknown said...

2. Demand, Left, TIMER- (T) Tastes

34. cream cheese; The price of bagels increases.

Angella Baby
Period 1

Anonymous said...

3. Demand, Left, (t) Tastes

35.manual can openers; the popularity of electric can opers have increased

Nicole Jean
1st Period

Jibimon Noby said...

4. Butter

Demand, Left, (R) Related Goods

36. Pizza : Super Bowl Sunday is here and Papa John's is offering 50% off.

Jibimon Noby
Period 1

Jeslin Johny said...
This comment has been removed by the author.
Jeslin Johny said...

5. Paper
Supply curve, left, price of relevant inputs
37. Chick Fil A
E.coli found in Chick Fil A food

Jeslin Johny
1st period

Anonymous said...

6. Hula Hoops
Demand, Right, Consumers Taste

38. Apple Inc,
Evidence surfaces that they are purposely slowing phones down for the sake of profit


Paul Pullan
1st Period

Reba George said...

7.Yachts
Demand, Left, Income
39. pencils
the price of pencils decrease
Reba George
Period 1

Anonymous said...

8. Gasoline
Demand, Right, (t) Taste
40. Nutella
The price of nutella increases.

Erin John
Period 2

Unknown said...

9. Umbrellas
Demand, Right, (T) Taste

41. Video game becomes increasingly popular.

Angela Fang Period 6

Unknown said...

10. Tofu
Demand, Right, (R) Related Goods

42. Electric Cars
Plug-in electric car sales are increasing.

Abel Abraham
6th Period

Unknown said...

11. Gasoline
Supply, Left, Resources

43. There is a fatal design in the iPhone 7 that causes them to explode.

Ashley Odstrcil
7th period

Unknown said...

12. hamburger
supply, left, price of related goods
44.The interest in Bitcoin becomes increasingly popular

Christian Toy
1st period

Unknown said...

12. Hamburger
Demand, right (R) related goods

44. Ranch prices increase

Unknown said...

13. Oranges
Demand , left , (R) resources

45. Bacteria found in chicken

Unknown said...

Mykaela Llacar
6th

Unknown said...

6th period

Anonymous said...

14. Supply Right Resources/Raw Materials

46. Lithium is running short to create Batteries

Tammam Alhiraky
2nd Period

Anonymous said...

15. Grapes
Supply, left, (R) Raw Materials

47. Notebooks
price of notebooks increase

Matthew Manalel
2nd Period

Unknown said...

16. Wine
Supply, Right, Labor

48. Scarves
Price of scarves decrease 15%

Reeba Abraham
period 2

Unknown said...

17. U.S. cars.
Demand, Right, (N) Number of Sellers

49. Textbooks.
Because of the rising costs of textbooks and inability of students to pay for textbooks, many companies go bankrupt.

Henry Zhang
7th Period

Unknown said...
This comment has been removed by the author.
Unknown said...

18) Hospital Beds - Scientists discover a pill that cures cancer.

Demand, left, cancer patients needing beds at hospitals.

50) Electric Cars - a recent out break in random abrupt electric car battery fires.

Kelvin Kurian
7th period

Samuel Shteyman said...

19) Cement - A 7.9 magnitude earthquake hits San Francisco
Demand curve shifts to the right, (M) Number of consumers of cement increases, cement suddenly becomes more useful to repair a large number of destroyed buildings

51) California Department of Public Health reveals that EMF radiation in phones could be harmful for health

Samuel Shteyman said...

^^^^^^^^^^^^^^
Samuel Shteyman
1st Period

katarina shanar said...

20.) demand, right, the amount of money one will spend.


52.) apple recalls all phones ebcasue there is a destructive bug in all the devises.

Katarina Shanar 6th period

Unknown said...

supply, left, other cars on the road

53. people have found that caesars dog food has plastic in it

Simran Kotak
1st Period

Godwish Tom said...

22. Local subway workers go on strike
Demand, Left, T-Tastes

54. Shoes, Micheal Jordan seen wearing Big Baller Brand® Shoes and company stock Rises.

Godwish Tom
1st Period

Unknown said...

*45. Bacteria found in Tyson chicken causing sales to decrease 15%

Unknown said...

23. Prices of bikes go down
Supply, Right, other goods

55. Candy Canes- prices drop christmas is over.

Camryn Pugh 6th period.

Unknown said...

24. Less melons produced
Supply, left, resources

56. costumes- prices drop after Halloween

Hannah Golding
1st

Jacob Aickareth said...

25.price of Safeway milk goes down
Demand,left,other goods

57.Cake-the price of flour increases

Jacob Aickareth said...

Jacob Aickareth
2nd period

Unknown said...

26. The price of jelly beans go up

Demand, left, Price of good increased



58.The price of metronomes decreased

Bonita Hall
6th Period

Unknown said...

27. less oreo cookies produced
supply, left, related goods

54. pencils- the price of wood increases

angelica miranda
period 2

Unknown said...

28. Burger King Whoppers
demand, left, (r) related goods

60. Life vests- it is flood season
Lujayna Taha
period 2

Unknown said...

29.Hot dogs
demand, left, taste

61. Sweaters- the price of sweaters drop due to warmer weather
Nia Eugene
Per. 6

Irene Gratil said...

30. Hot Dog Buns
supply, left, Stoner (R)resources

62. Chocolates - Valentine's Day is approaching
Irene Gratil
pr 2

Unknown said...

30.butter Mad Cow Disease wipes out a lot of dairy cows.
supply, left, related goods

63. Lipton tea prices rise due to drought

Angel Yeung
Period 6

Juliana Quintana said...

31. Hot dog buns The price of flour rises
supply, left, related goods

64. tables - a fire destroys the largest forest in the United States

Unknown said...

17. Tariff on Japanese cars imports
Demand, Right, Stoner (N) Number of Sellers

65. Salmonella found in certain McDonald's items.

Anson Sam
6th Period

Unknown said...

32. Candles, Demand, Right, (E)expectations

66. Potatoes, potatoes can grow to the size of a NBA official Spalding basketball in one day.

Henry Feng
7th Period

Angelina Mancino said...

43. There is a fatal design in the iPhone 7 that causes them to explode.
Demand, left, Stoner (E) expectations

67. There is a drought and few strawberries grew.

Angie Mancino
6th Period

Unknown said...

44. Ranch prices increases.
Supply, right, Stoner (T) taste

68. Health inspectors found mold in Nature’s Own whole wheat bread.

Elizabeth Melchor
2nd period

Unknown said...

45. chicken supply decreases, price decreases
Supply, left, Stoner (R) Raw Materials

69. earthquake destroys largest manufacturing plant of Nike products.

Hunter Boyd
Period 6

Kenan Edwards said...

The amount of material to shoes decreases
Supply,left,Resources
Storm-it will increase the supply of life vest

Unknown said...

46.Lithium Supply decreases.
Supply, left, Stoner (R) Raw Materials.

70. Motorcycle related deaths are dropping due to new safety features.

Unknown said...

47. price of notebooks increases.
demand shifts. left. related goods.

71. shortage of workers for the candy factory.

Tiffany Huynh
1st

Unknown said...

48. Scarves
Price of scarves decrease 15%
demand shifts. right. expectations.

72. production of carpets has decreased.

Sumeyye Islamoglu
6th period

Unknown said...

49. Because of the rising costs of textbooks and inability of students to pay for textbooks, many companies go bankrupt.
Supply shifts, left, Number of sellers

73. Tacos
Increase of Mexican restaurants being built in market area

Brandon Wong
7th

Unknown said...

50. Snow boots
Snow boots will have a 10% off sale in two months
demand shifts right. expectaions

74. red roses - valentines day

Unknown said...

51.California Department of Public Health reveals that EMF radiation in phones could be harmful for health
Demand shifts left due to the expectations for the future. Fewer people will buy Phones

75. JK Rowling announces a new Harry Potter book will be released this month.

Nikita
Damodaran
Period 2

Unknown said...

70. Motorcycle related deaths are dropping due to new safety features. Demand shifts right due to a change in tastes/preferences as better education about motorcycles circulates.

76. Violin market- scientists release information that show that playing a violin increases a child's intelligence

Bryanna Godfrey
Period 1

Bailey Corley said...

75. Jk Rowling announces a new harry Potter book will be released this month: Demand would shift to the right due to taste

77. School supplies and the first day of school

Unknown said...

76. Demand for violins increase due to taste

78. ABC reports that processed meats cause cancer. What happens to meat production?

Blesson Chacko said...

77. PF Chang's announces that it will soon start offering lunch and dinner buffets; Demand shifts right due to a change in tastes/preferences as PF Changs is a popular restaurant that is on the radar for hot Asian American food.

79. The FDA reports that Tyson chicken products are cancerous and increase a higher risk of getting cancer? What will happen to the company Tyson?

Blesson Chacko said...

Blesson Chacko
7th Period

Danielle Davis said...

77. School supplies demand will go up shifting to the right because of expectations.

80. Walmart anncouces that there will be a sale in two days.
Danielle Davis 6th

Unknown said...

78. Meat, a news report claims meat causes cancer , affects the demand curve, shifts to the left, move caused by change of taste

81. A virus causes many chickens to die. What happens to the egg market?

Keegan Jones 7th period

Matt Benton said...

79. Tyson Chicken, FDA announces that Tyson's nuggets cause cancer, demand curve will shift left, caused by tastes.

82. Toyota announces that they will have a clearance sell in one month.

Matthew Benton 6th period

Ayush Singh said...

80. The demand for Toyota's cars will shift left due to expectations of a lower price.

83. Ikea buys automated machinery to create furniture faster.

Ayush Singh
6th Period

Unknown said...

80 word gets out chick fil a will have a sale on chicken sandwiches . demand. Left. Expectations
83 government removes subsides from farmers

Unknown said...

80. Walmart, Demand would shift to the left due to expectations

83. Macys announces black friday deals, giving greater discounts than competitors. Describe competitor's demand.

Javier Bermejo
2nd Period

Unknown said...

81. Virus killing chickens, affects supply curve, shift to left, change due to decrease in resources.

83. Cryptocurrency market crashes, what happens to computer parts and cryptocurrency mining equipment?

Andrew Yang
7th

Unknown said...

82. Target fires workers, supply would shift left due to a decrease in resources

83. Best Buy announces a massive sale making all products cheaper than fellow competitors, what would competing companies have to do to make money and continue selling their own products?

Sahib Oberoi
2nd Period

Unknown said...

83. Rise in popularity of strap on hats shifts demand right due to taste of customers (T)imer

84. Fry's electronics announces a $5 increase in taxes from the government. Supply curve shifts left due to taxes (S/T)toner

Luke Leblanc
Period 6

Sarah James said...

83. Macy's Black Friday Deal- Demand curve for competitors shifts left due to TIMER (R)elated goods/Substitutes

85. iPhone - Samsung announces a huge sale on all phone models

Sarah James
2nd period

Unknown said...

83. Cryptocurrency - demand shifts left due to decrease in marketsize

85. After announcing a new game, EA said that there would be no micro transactions in the game; what would happen to the game sales?

Michael Ibay
Period 7

Unknown said...
This comment has been removed by the author.
Unknown said...
This comment has been removed by the author.
Unknown said...

85. Sale on phone models- Demand curve shifts to the right due to expectations

86. A hurricane hits the coast of Florida and everyone goes out to stock up on water

Alan John
Period 2

Unknown said...
This comment has been removed by the author.
Unknown said...
This comment has been removed by the author.
Unknown said...

86. Demand shifts right due to TIME(R) "resources"

87. Adidas annouces they are putting all of their shoes on clearance what happens to NIKE?

Dhilan Patel
Period 7

Stephen Iype said...

86. The demand curve for water bottles shift to the right due to future (E)expectations that the product will run out.
87. Ink-The price of printers go up


Stephen Iype
Period 1

stype said...


87. Demand curve for NIKE shifts to the left due to the price of the substitute good falling.
88. Ink-The price of printers go up





Stephen Iype
Period 1

Unknown said...

88. The demand curve shifts to the left since the R- related goods (complimentary) goes up in price.
89. Andriod Phone- The price of iPhone goes up.

Paul Manavalan
7th Period

Unknown said...

89. The demand curve would shift to the left; TIMER (R) Related Goods (Substitute Good)

90. Beef supplies are sharply reduced because of drought in the beef-raising states, and consumers turn to pork as a substitute for beef.

Maheen Meraj
6th Period

Unknown said...

90. The demand curve shifts to the right do to the increase in price of a substitute.
91. a disease destroys high ammounts of cotton crop- the price of polyester goes up




Peter Martin
p. 2

Unknown said...

91. The supply curve for cotton shifts to the left because of resources as a disease destroys high amounts of the crop.
92. Sprite- Coca Cola prices go up

Raza Muhammad
2nd Period

Edward Joseph said...

92. The demand curve for sprite shifts to the right because of related goods (substitute of Coca Cola prices go up)
93.Dell- Mac book prices go down

Edward Joseph
2nd period

Roshni Jose said...

93. The demand curve for Dell shifts to the left because of related goods (Mac is substituted for Dell).
94. United Airlines announces 20% off all airline tickets.


Roshni Jose
1st period

Unknown said...

33. The demand curve for cowboys boots will shift to the right due to the advertising causing a change in taste.

95. Nintendo reveals a new technology that creates their products faster.

Garrett Foresman
6th Period

Omo Oboh said...

83. Macy's Black Friday- Demand curve shifts left due to TIMER (Related goods/substitutes)
86. Hurricane Harvey hits Houston and everyone goes out and stocks up on water

Unknown said...

86. The demand curve will shift to the right due to TIME(R) Resources needed.

96. The improvement in techonology used to produced DVDs will:

Alisha Z. said...

86. Hurricane Harvey hits Houston and everyone goes out and stocks up on water
The Demand curve would shift right due to the expectation of a shortage.

87. Canes announces they are going to change the sauce recipe in two weeks.

Unknown said...

94. The demand curve shift to the right due to expectations
97. Pepsi product are 50% off on Super Bowl Sunday.

Albert Tamdjo
Period 2

Paul Nguyen said...

97. The demand curve will shift left due to expectations that the price will be lower
88. Whataburger receives new fryers that makes french fries two times faster

Paul Nguyen
2nd period

Camila Ferrero said...

94. The demand curve would stay the same because it is a change in price. There would only be movement along the curve.
96. Coffee workers earn gain higher wages after organizing themselves into a union.

Camila Ferrero
Period 1

Camila Ferrero said...

88. The supply curve would shift right due to an advancement in technology.

Camila Ferrero
Period 1
P.S. i did 94 when it was taken, so i did this one too.

Gaby Bonus said...

97. The demand curve shifts right due to expectations
98. University of Houston offers a discount for the first 300 students who purchase a certain textbook on a given day

Gaby Bonus P.2

Unknown said...

96. The supply would shift to the left due to R in STONER Resources/ raw materials

98. The government takes farmers subsidies away

Brian Rivette
Period 6

Unknown said...

98. Supply Curve, shifts left, S in STONER for Subsidies

99. The price of a substitute good rises

Erek Castro
7th Period

Unknown said...
This comment has been removed by the author.
Unknown said...

98. (Univ. of Houston scenario) The demand curve would shift right due to incentives (I in TIMER).

100. Bahama Bucks invests in more efficient snow cone machines.

Ashwini Prabhu
Period 6

jerin2000 said...
This comment has been removed by the author.
jerin2000 said...

100. The supply curve shifts right due to better technology

101. Toyota announces a 50% sale on all 2017 Camrys to make room for 2018 Camrys

Jerin Jose
Period 02

Unknown said...

101. The demand curve shifts right due to expectations.
102. Apple announces to make their phone prices lower than Samsung.

Christopher Tilford
Period 6

Unknown said...

101: The demand curve will shift to the right due to expectation

102: movie theaters invested in more efficient popcorn machines.

Amilcar Rivas
Period 6

Unknown said...

102. The demand curve would shift to the right due to change in market
103. Shell announces they are merging with Tesla and putting in electric car charging stations at shell gas stations

Anonymous said...

102. Supply curve shifts to the left since the number of sellers decreases due to merging.
103. Government funds the rabies vaccine.

Divya Aaloori
6th period

Benjamin S said...

103. Supply, right due to change in the number of sellers
104. Its announced that MacBook's will go in a 25% off sale in 3 months

Benjamin Sunny, 6th Period