Supply
What is Supply
The amount of goods a producer produces
What is the Substitution Effect?
When consumers react to an increase in a good’s price by consuming less of that good and more of a substitute good
New Years Eve
How many siblings do I have?
two
What group sang: "Best Song Ever"
One Direction
What is a supply schedule
Chart that lists how much of a good a supplier will offer at various prices
Name two factors that influences demand
Consumer expectations, populations, demographics, etc.
Who is the half-blood prince in Harry Potter
Severus Snape
What is my original college degree in (my bachelor's)
Psychology
What kind of animal is Squidward on Spongebob
An octopus (not a squid)
What determines Elasticity of supply
Time
What is elasticity of demand?
A measure of how consumers respond to price changes
What year was the first ipad released (must be within 2 years)
2010
True or False: I graduated high school and college early
True
Which artist made history as the youngest winner of the Grammys‘ four main categories in 2020?
Billie Eilish
As price goes up what happens to supply
it goes up
Multiple answers
What is super man's real name
Kal-el
What musical Instruments can I play?
Piano, Guitar, Percussion (drums)
What is Rihanna's real name?
Robyn Fenty
What is the difference between a market supply schedule and just a supply schedule
A market supply is the number of all of one good in the market. A supply schedule is more individual businesses supply
As price goes up what happens to demand? Draw what the graph would look like (demand curve)
Demand goes down. Line should go from left to right downward
What do you call the fear of the number 13
Triskadekaphobia
What is my favorite color?
Green
What is the #1 listened to song on Spotify in 2024
Blinding Lights by the Weekend