Billy just turned 5 and outgrew his shoes again. His parents took to buy new ones last weekend.
(T) Decrease in Demand
DEMAND Shifts LEFT
P: DOWN Q: DOWN
20,000 new condos were built in Riverview, FL over the past several months.
(# of Sellers) Increase in Supply
SUPPLY shifts RIGHT
P: DOWN Q: UP
Rashee got into a car accident and totaled his car. He now had to wake up at 4:30 AM to take the bus to work.
(T) Increase in Demand
DEMAND shifts Right
P: UP Q: UP
(O) Increase in Supply
SUPPLY shifts RIGHTP: Down Q: Up
LaDainian is a realtor, and recently moved to Tampa because he heard it was a rapidly emerging market.
(# of Buyers) Increase in Demand
Demand shifts RIGHT
P: Up Q: Down
Scamazon requires a new uniform for its staff, and all 2,000 regional managers had to order a blue tuxedo.
(N) Increase in supply
SUPPLY shifts RIGHT
P: DOWN Q:UP
Lamar received a promotion and immediately moved into a nice studio apartment downtown.
(I) Increase in Demand
DEMAND shifts RIGHT
P: UP Q: UP
You're in line at Chicken-Fil-A (someplace in the mall). Suddenly a man aggresively asks you to order him a chicken sandwich and some waffle fries. You have no choice.
(T) Increase in Demand
DEMAND shifts RIGHT
P: UP Q: UP
Despite signing to a label for $2 million in 2021, rapper "Lil' Brain" was seen panhandling for money last weekend in Ohio. Articles state he went from 8 million to 8 hundred streams a month online.
(T) Decrease in Demand
DEMAND shifts LEFT
P: Down Q: Down
PRICE CEILING
P: Down Q: Qs<Qd
Taylor Swift is seen with a new pair of heels. Over the next week, many of her fans are seen in photos online wearing them.
(T) Increase in Demand
DEMAND shifts RIGHT
P: UP Q: UP
The price of Verizon Internet went down 20% in Kentucky, while none of their competition went down in price more than 12%.
(Related Products) Increase in Demand
DEMAND shifts RIGHT
P: UP Q: UP
Your house was damaged in a hurricane and you had to stay in a hotel for a week. The company tells you they they'll take 3 weeks longer. You extend your hotel stay till the end of the month.
(E of Buyer) Increase in Demand
DEMAND shifts RIGHTKendrick Lamar released his new album exclusively on Scamazon Music. Millions of fans reconsidered their Spotify subscription.
(R) Decrease in Demand
DEMAND shifts LEFT
P: Down Q: Down
Hyundai released a new EV for $38,000. A month later, Tesla lowered their prices to $26,000. Tesla outsold Hyundai by 200,000 units.
(Related Products) Increase in Demand
DEMAND shifts RIGHTP: UP D: UP
Nike releases a shoe for $225 that has a line of people stretching across a mall. Only half of the line could buy a pair—and half of them immediately resold them online for $700.
PRICE CEILING
SHORTAGE
P: DOWN Q: Qs<Qd
TECO is automatically raising prices each year by a few percent until 2027, regardless of the demand for the electricity in Tampa.
P: UP Q: Qd<Qs
You got diagnosed with HDMI back in 2017. You've been using Medicine A since then, but recently Medicine B just dropped in price by 75%. Your doctor has told you for years both should work just as well for you.
(R) Decrease in Demand
DEMAND shifts LEFT
P: Down Q: Down
Rapper Sexyy Red performed in Tampa on September 25th, 2024. The local parking lots reported a quarterly peak in revenue made from the event.
(R) Increase in Demand
DEMAND shifts RIGHT
P: Up Q: Up
The year is 2060 and the AI Overlord Robots decide to charge $20 per gallon for human drinking water, as they have decided we have used it too irresponsibly.
PRICE FLOOR
P: Up Q: Qd<Qs
Macys had a summer sale in July that did well after higher-ups predicted back-to-school shopping will struggle to compete with Scamazon this year.
(E) Increase in Supply
SUPPLY shifts RIGHT
P: UP Q: UP
Each year, car insurance companies leave Florida because there are too many accidents for them to handle within their budgets while still being profitable.
(# of Sellers) Decrease in Supply
SUPPLY shifts LEFT
P: UP Q: DOWN
Ms. Parker visited the same Taco Bell on Thursday afternoons since 1989. Ms. Parker passed away on Wednesday. The Taco Bell staff the next day prepared her meal, just in-case she ran late. But she never came.
(# of Buyers) Decrease in Demand
DEMAND shift LEFT
P: DOWN Q: DOWN
To this day, Apple charges 99 cents per song—despite knowing the average consumer these days are not willing and able to pay that price to own the files.
P: Up Q: Qd<Qs
You expect to file for divorce at any moment. You have been spending up your credit cards, as you expect to be able to dump off the debt to your soon to be ex-spouse.
(E) Increase in Demand
DEMAND shifts RIGHT
P: Down Q: Up