Sunday, July 13, 2014

Supply and Demand Matching Cards

Cut Out Matching Cards


Change in Demand due to
A shift in demand to the right (Increase in demand)
A shift in demand due to the left (Decrease in demand)
An increase in consumer income
A fall in consumer income
A rise in the price of substitutes
A fall in the price of substitutes
A fall in the price of complements
A rise in the price of complements
A positive change in tastes and fashion
A negative change in tastes and fashion

Change in supply due to
A shift in supply to the right (Increase in supply)
A shift in supply to the left (Decrease in supply)
A fall in raw material costs
An increase in the cost of raw materials
An improvement in labour efficiency
An increase in labour costs
A reduction in the rate of indirect taxation
An increase in the rate of indirect taxation
A positive technological advance
A failed technological advance


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