Graphing the changes in Supply and Demand The supply and demand for Beans (Fill in the answers with the graph that applies to each situation) 1. The prices of sugar, a key ingredient in producing jelly beans, increases. __________________________ 2. The price of bubble gum, a close substitute for jellybeans, increases. __________________________ 3. A machine is invented that makes jellybeans at a lower cost. __________________________ 4. The government places a tax on foreign jellybeans, which have a considerable share of the market. _____________ 5. The price of soda, a complementary good for jellybeans, increases. __________________________ 6. Widespread prosperity allows people to buy more jellybeans. __________________________
Graphing the changes in Supply and Demand The supply and demand for Beans (Fill in the answers with the graph that applies to each situation) 1. The prices of sugar, a key ingredient in producing jelly beans, increases. __________________________ 2. The price of bubble gum, a close substitute for jellybeans, increases. __________________________ 3. A machine is invented that makes jellybeans at a lower cost. __________________________ 4. The government places a tax on foreign jellybeans, which have a considerable share of the market. _____________ 5. The price of soda, a complementary good for jellybeans, increases. __________________________ 6. Widespread prosperity allows people to buy more jellybeans. __________________________
unit_1_learning_target_packet.docx