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Econ > Supply and Demand shifters > Flashcards

Supply and Demand shifters Flashcards

1
Q

Supply or demand shifter? Income

A

Demand shifter

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2
Q

Supply or demand shifter? Technology

A

Supply shifter

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3
Q

Supply or demand shifter? Price of related goods

A

Demand shifter

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4
Q

Supply or demand shifter? Tastes/preferences

A

Demand shifter

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5
Q

Supply or demand shifter? producer expectations (of the future price or future availability of the good)

A

Supply shifter

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6
Q

Supply or demand shifter? Number of potential buyers

A

Demand shifter

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7
Q

Supply or demand shifter? Number of potential sellers

A

Supply shifter

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8
Q

Supply or demand shifter? The value of alternative production opportunities (opportunity costs)

A

Supply shifter

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9
Q

Supply or demand shifter? Consumer expectations (of the future price or future availability of the good)

A

Demand shifter

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10
Q

Supply or demand shifter? Input prices

A

Supply shifter

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Econ (6 decks)

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