ENTRY TICKET: PRICE ELASTICITY
Presentation
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Other
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11th Grade
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Easy
Arzel Cinches
Used 1+ times
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0 Slides • 4 Questions
1
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What's one word to sum up your mood today?
2
Multiple Choice
Which among the scenario indicates an inward shift in the demand curve?
A decrease in the price of a complementary good.
An increase in consumer income for a normal good.
A negative change in consumer preferences for a product.
A decrease in the price of the product itself.
3
Draw
There's an increase in consumer income for a normal good.
Illustrate the shift in the demand curve.
4
Draw
The government launched a job fair for skilled workers which will be attended by individuals who TESDA has trained.
Illustrate the shift in the supply curve.
What's one word to sum up your mood today?
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