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Module One Lesson Five Activity

The document provides directions for completing a supply and demand activity. It includes scenarios where the variable impacting supply is identified, whether supply would increase or decrease, and whether the supply curve would shift left or right. Students are to select the best image representing the new supply curve. The document also includes directions for labeling a supply and demand graph.

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Khadija Tahirkheli
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61 views6 pages

Module One Lesson Five Activity

The document provides directions for completing a supply and demand activity. It includes scenarios where the variable impacting supply is identified, whether supply would increase or decrease, and whether the supply curve would shift left or right. Students are to select the best image representing the new supply curve. The document also includes directions for labeling a supply and demand graph.

Uploaded by

Khadija Tahirkheli
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Part One Directions:

Using the following scenarios, you will decide what variable is impacting a supply shift and whether
supply would increase or decrease according to that variable. Then, you will determine whether
the new supply curve will shift left or right and select the image that best represents the new curve.
You will be graded on each correct answer, there are a total of 60 possible points.
Module One Lesson Five Activity

Scenario Variable Causing a Increase or Shift in Supply Curve


Change in Supply Decrease in (← or →)
Supply
(5 points each) (↑ or ↓) (10 points each)

(5 points
each)
The cost Metal supply will The supply will Image A
of metal to increase decrease
make cars
has
increased.
What is
the impact
on Honda
cars?

Image B

[American History The Founding Principles Civics and Economics] Images created by Natasha Wippel and used with
permission.
Module One Lesson Five Activity

Image A or B: ____B_______
New New technology it will decrease Image A
technology
makes
Apple
Computers
easier to
make.
What is
the impact
on the new
iMac
computer?

Image B

[American History The Founding Principles Civics and Economics] Images created by Natasha Wippel and used with
permission.
Module One Lesson Five Activity

Image A or B: __B_________
All the AMC will shut down decrease Image A
movie
theaters
owned by
AMC shut
down and
go out of
business.
What is
the impact
on Movies
in the US?

[American History The Founding Principles Civics and Economics] Images created by Natasha Wippel and used with
permission.
Module One Lesson Five Activity

Image B

Image A or B: _B__________

Part Two Directions: Label the following graph using these terms: Supply Curve, Demand Curve,
Equilibrium Price, Shortage, Surplus. 8 points for each correct label.

[American History The Founding Principles Civics and Economics] Images created by Natasha Wippel and used with
permission.
Module One Lesson Five Activity

Citation: https://commons.wikimedia.org/wiki/File:Economics_demand_and_supply_curves.jpg,
adapted by NCVPS Developer.

A ___________excess supply or surplus ___________

B____________An above -equilibruim__________

C_____________equilibruim price_________

D________________excess demand of shortage ______

E________D______________

[American History The Founding Principles Civics and Economics] Images created by Natasha Wippel and used with
permission.

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