Supply and Demand Flashcards
1
Q
Shifts in Demand
A
Population changes
Advertising
Substitutes
Trends
Income
2
Q
Shifts in Supply
A
Productivity
Availability of firms
Subsidies
Weather
Cost of production
3
Q
A
Shifts in Demand
Population changes
Advertising
Substitutes
Trends
Income
Shifts in Supply
Productivity
Availability of firms
Subsidies
Weather
Cost of production