Tuesday, February 2, 2016

Supply and Demand Practice


Product to Graph
Event
Ford Cars

New robots are able to build cars quicker
Ford Cars

Cost of steel doubles
Lexus Cars
National income for  US workers doubles
Hamburgers
Prices of pork doubles across all stores
Hot dogs
Prices of charcoal drops in half
Nintendo DS2 game systems
Nintendo introduces the DS3 system
Tylenol tablets
The CDC says Tylenol use causes cancer
Wii consoles
Wii drops the price in half
Bicycles
Gasoline prices jump to $7.00 a gallon
Corn for food
The Gov. mandates the use of ethanol in cars
Apples
Apples prices double world wide
Bread
Fuel prices for farmers triple
Foreign Cars
US Gov puts in strict quotas on imports
Plastic products
Crude oil prices fall dramatically
Men’s hats
Research shows that hair coverings slow hair loss