Microeconomics
    Quiz 3
Model
Model
Model
P   Model
P   Model




            Q
P   10                   Model
     9

     8

     7

     6

     5

     4

     3

     2

     1

     0
         0   1   2   3   4   5   6   7   8   9   10
                                                 Q
P   10                   Model
     9

     8

     7

     6

     5

     4

     3

     2

     1

     0
         0   1   2   3   4   5   6   7   8   9   10
                                                 Q
P   10                   Model
     9

     8

     7

     6

     5

     4

     3

     2

     1                                           D1
     0
         0   1   2   3   4   5   6   7   8   9    10
                                                  Q
P   10                   Model
     9

     8

     7

     6

     5

     4

     3

     2

     1                                           D1
     0
         0   1   2   3   4   5   6   7   8   9    10
                                                  Q
P   10                   Model
     9                                           S1
     8

     7

     6

     5

     4

     3

     2

     1                                           D1
     0
         0   1   2   3   4   5   6   7   8   9        10
                                                      Q
P   10                   Model
     9                                           S1
     8

     7

     6

     5

     4

     3

     2

     1                                           D1
     0
         0   1   2   3   4   5   6   7   8   9        10
                                                      Q
P   10                   Model
     9                                           S1
     8

     7

     6

     5

     4

     3

     2

     1                                           D1
     0
         0   1   2   3   4   5   6   7   8   9        10
                                                      Q
P    10                   Model
      9                                           S1
      8

      7

      6

P1    5

      4

      3

      2

      1                                           D1
      0
          0   1   2   3   4   5   6   7   8   9        10
                                                       Q
P    10                   Model
      9                                           S1
      8

      7

      6

P1    5

      4

      3

      2

      1                                           D1
      0
          0   1   2   3   4   5   6   7   8   9        10
                                                       Q
P    10                   Model
      9                                            S1
      8

      7

      6

P1    5

      4

      3

      2

      1                                            D1
      0
          0   1   2   3   4   5    6   7   8   9        10
                              Q1                        Q
P    10                   Model
      9                                            S1
      8

      7

      6

P1    5

      4

      3

      2

      1                                            D1
      0
          0   1   2   3   4   5    6   7   8   9        10
                              Q1                        Q
P    10                   Model
      9                                            S1
      8

      7

      6

P1    5

      4

      3

      2
                                                         D2
      1                                            D1
      0
          0   1   2   3   4   5    6   7   8   9        10
                              Q1                        Q
P    10                   Model
      9                                            S1
      8

      7

      6

P1    5

      4

      3

      2
                                                         D2
      1                                            D1
      0
          0   1   2   3   4   5    6   7   8   9        10
                              Q1                        Q
P    10                   Model
      9                                            S1
      8

      7

      6

P1    5

      4

      3

      2
                                                         D2
      1                                            D1
      0
          0   1   2   3   4   5    6   7   8   9        10
                              Q1                        Q
P    10                   Model
      9                                            S1
      8

      7

P2    6

P1    5

      4

      3

      2
                                                         D2
      1                                            D1
      0
          0   1   2   3   4   5    6   7   8   9        10
                              Q1                        Q
P    10                   Model
      9                                            S1
      8

      7

P2    6

P1    5

      4

      3

      2
                                                         D2
      1                                            D1
      0
          0   1   2   3   4   5    6   7   8   9        10
                              Q1                        Q
P    10                   Model
      9                                           S1
      8

      7

P2    6

P1    5

      4

      3

      2
                                                        D2
      1                                           D1
      0
          0   1   2   3   4   5   6   7   8   9        10
                              Q1 Q2                    Q
Model
Model
Model
P   Model
P   Model




            Q
P   10                   Model
     9

     8

     7

     6

     5

     4

     3

     2

     1

     0
         0   1   2   3   4   5   6   7   8   9   10
                                                 Q
P   10                   Model
     9

     8

     7

     6

     5

     4

     3

     2

     1

     0
         0   1   2   3   4   5   6   7   8   9   10
                                                 Q
P   10                   Model
     9

     8

     7

     6

     5

     4

     3

     2

     1                                           D1
     0
         0   1   2   3   4   5   6   7   8   9    10
                                                  Q
P   10                   Model
     9

     8

     7

     6

     5

     4

     3

     2

     1                                           D1
     0
         0   1   2   3   4   5   6   7   8   9    10
                                                  Q
P   10                   Model
     9                                           S1
     8

     7

     6

     5

     4

     3

     2

     1                                           D1
     0
         0   1   2   3   4   5   6   7   8   9        10
                                                      Q
P   10                   Model
     9                                           S1
     8

     7

     6

     5

     4

     3

     2

     1                                           D1
     0
         0   1   2   3   4   5   6   7   8   9        10
                                                      Q
P   10                   Model
     9                                           S1
     8

     7

     6

     5

     4

     3

     2

     1                                           D1
     0
         0   1   2   3   4   5   6   7   8   9        10
                                                      Q
P    10                   Model
      9                                           S1
      8

      7

      6

P1    5

      4

      3

      2

      1                                           D1
      0
          0   1   2   3   4   5   6   7   8   9        10
                                                       Q
P    10                   Model
      9                                           S1
      8

      7

      6

P1    5

      4

      3

      2

      1                                           D1
      0
          0   1   2   3   4   5   6   7   8   9        10
                                                       Q
P    10                   Model
      9                                            S1
      8

      7

      6

P1    5

      4

      3

      2

      1                                            D1
      0
          0   1   2   3   4   5    6   7   8   9        10
                              Q1                        Q
P    10                   Model
      9                                            S1
      8

      7

      6

P1    5

      4

      3

      2

      1                                            D1
      0
          0   1   2   3   4   5    6   7   8   9        10
                              Q1                        Q
P    10                   Model
      9                                             S1
      8

      7

      6

P1    5

      4

      3

      2

      1
                                           D2       D1
      0
          0   1   2   3   4   5    6   7   8    9        10
                              Q1                         Q
P    10                   Model
      9                                             S1
      8

      7

      6

P1    5

      4

      3

      2

      1
                                           D2       D1
      0
          0   1   2   3   4   5    6   7   8    9        10
                              Q1                         Q
P    10                   Model
      9                                             S1
      8

      7

      6

P1    5

      4

      3

      2

      1
                                           D2       D1
      0
          0   1   2   3   4   5    6   7   8    9        10
                              Q1                         Q
P    10                   Model
      9                                             S1
      8

      7

      6

P1    5

P2    4

      3

      2

      1
                                           D2       D1
      0
          0   1   2   3   4   5    6   7   8    9        10
                              Q1                         Q
P    10                   Model
      9                                             S1
      8

      7

      6

P1    5

P2    4

      3

      2

      1
                                           D2       D1
      0
          0   1   2   3   4   5    6   7   8    9        10
                              Q1                         Q
P    10                   Model
      9                                            S1
      8

      7

      6

P1    5

P2    4

      3

      2

      1
                                          D2       D1
      0
          0   1   2   3   4   5   6   7   8    9        10
                          Q2 Q1                         Q
P   10                   Model
     9                                           S1
     8

     7

     6

     5

     4

     3

     2

     1

     0
         0   1   2   3   4   5   6   7   8   9        10
                                                      Q
P   10                   Model
     9                                           S1
     8

     7

     6

     5

     4

     3

     2

     1

     0
         0   1   2   3   4   5   6   7   8   9        10
                                                      Q
P   10                   Model
     9                                           S1
     8

     7

     6

     5

     4

     3

     2

     1

     0
         0   1   2   3   4   5   6   7   8   9        10
                                                      Q
P   10                   Model
     9                                           S1
     8

     7

     6

     5

     4

     3

     2

     1

     0
         0   1   2   3   4   5   6   7   8   9        10
                                                      Q
P   10                   Model
     9                                           S1
     8

     7

     6

     5

     4

     3

     2

     1

     0
         0   1   2   3   4   5   6   7   8   9        10
                                                      Q
P   10                   Model
     9

     8
                                             S
     7

     6

     5

     4

     3

     2

     1                                           D
     0
         0   1   2   3   4   5   6   7   8       9   10
                                                     Q
P   10                   Model
     9

     8

     7
                                                 S
     6

     5

     4

     3

     2

     1                                       D
     0
         0   1   2   3   4   5   6   7   8   9   10
                                                 Q
P   10                   Model
     9
                                         S
     8

     7

     6

     5

     4

     3

     2

     1                                           D
     0
         0   1   2   3   4   5   6   7       8   9   10
                                                     Q
P   10                   Model
     9

     8

     7                                           S
     6

     5

     4

     3

     2

     1                                       D
     0
         0   1   2   3   4   5   6   7   8   9   10
                                                 Q
P   10                   Model
                                         S
     9

     8

     7

     6

     5

     4

     3

     2

     1                                           D
     0
         0   1   2   3   4   5   6   7       8   9   10
                                                     Q
Use Supply-Demand Modeling to analyze the following:

1. Decrease in income - Normal Good
2. Decrease in income - Inferior Good
3. Increase in the price of a substitute
4. Increase in the price of a compliment
5. Decrease in population
6. A new innovation and more suppliers
7. Increase in the price of an input
8. Increase income and increase in the price of a substitute
9. Decrease in the number of suppliers
10. Increase in the population and decrease in income
Use Supply-Demand Modeling to analyze the following:

1. Decrease in income - Normal Good
2. Decrease in income - Inferior Good
3. Increase in the price of a substitute
4. Increase in the price of a compliment
5. Decrease in population
6. A new innovation and more suppliers
7. Increase in the price of an input
8. Increase income and increase in the price of a substitute
9. Decrease in the number of suppliers
10. Increase in the population and decrease in income

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101 quiz 3

  • 1. Microeconomics Quiz 3
  • 5. P Model
  • 6. P Model Q
  • 7. P 10 Model 9 8 7 6 5 4 3 2 1 0 0 1 2 3 4 5 6 7 8 9 10 Q
  • 8. P 10 Model 9 8 7 6 5 4 3 2 1 0 0 1 2 3 4 5 6 7 8 9 10 Q
  • 9. P 10 Model 9 8 7 6 5 4 3 2 1 D1 0 0 1 2 3 4 5 6 7 8 9 10 Q
  • 10. P 10 Model 9 8 7 6 5 4 3 2 1 D1 0 0 1 2 3 4 5 6 7 8 9 10 Q
  • 11. P 10 Model 9 S1 8 7 6 5 4 3 2 1 D1 0 0 1 2 3 4 5 6 7 8 9 10 Q
  • 12. P 10 Model 9 S1 8 7 6 5 4 3 2 1 D1 0 0 1 2 3 4 5 6 7 8 9 10 Q
  • 13. P 10 Model 9 S1 8 7 6 5 4 3 2 1 D1 0 0 1 2 3 4 5 6 7 8 9 10 Q
  • 14. P 10 Model 9 S1 8 7 6 P1 5 4 3 2 1 D1 0 0 1 2 3 4 5 6 7 8 9 10 Q
  • 15. P 10 Model 9 S1 8 7 6 P1 5 4 3 2 1 D1 0 0 1 2 3 4 5 6 7 8 9 10 Q
  • 16. P 10 Model 9 S1 8 7 6 P1 5 4 3 2 1 D1 0 0 1 2 3 4 5 6 7 8 9 10 Q1 Q
  • 17. P 10 Model 9 S1 8 7 6 P1 5 4 3 2 1 D1 0 0 1 2 3 4 5 6 7 8 9 10 Q1 Q
  • 18. P 10 Model 9 S1 8 7 6 P1 5 4 3 2 D2 1 D1 0 0 1 2 3 4 5 6 7 8 9 10 Q1 Q
  • 19. P 10 Model 9 S1 8 7 6 P1 5 4 3 2 D2 1 D1 0 0 1 2 3 4 5 6 7 8 9 10 Q1 Q
  • 20. P 10 Model 9 S1 8 7 6 P1 5 4 3 2 D2 1 D1 0 0 1 2 3 4 5 6 7 8 9 10 Q1 Q
  • 21. P 10 Model 9 S1 8 7 P2 6 P1 5 4 3 2 D2 1 D1 0 0 1 2 3 4 5 6 7 8 9 10 Q1 Q
  • 22. P 10 Model 9 S1 8 7 P2 6 P1 5 4 3 2 D2 1 D1 0 0 1 2 3 4 5 6 7 8 9 10 Q1 Q
  • 23. P 10 Model 9 S1 8 7 P2 6 P1 5 4 3 2 D2 1 D1 0 0 1 2 3 4 5 6 7 8 9 10 Q1 Q2 Q
  • 24. Model
  • 25. Model
  • 26. Model
  • 27. P Model
  • 28. P Model Q
  • 29. P 10 Model 9 8 7 6 5 4 3 2 1 0 0 1 2 3 4 5 6 7 8 9 10 Q
  • 30. P 10 Model 9 8 7 6 5 4 3 2 1 0 0 1 2 3 4 5 6 7 8 9 10 Q
  • 31. P 10 Model 9 8 7 6 5 4 3 2 1 D1 0 0 1 2 3 4 5 6 7 8 9 10 Q
  • 32. P 10 Model 9 8 7 6 5 4 3 2 1 D1 0 0 1 2 3 4 5 6 7 8 9 10 Q
  • 33. P 10 Model 9 S1 8 7 6 5 4 3 2 1 D1 0 0 1 2 3 4 5 6 7 8 9 10 Q
  • 34. P 10 Model 9 S1 8 7 6 5 4 3 2 1 D1 0 0 1 2 3 4 5 6 7 8 9 10 Q
  • 35. P 10 Model 9 S1 8 7 6 5 4 3 2 1 D1 0 0 1 2 3 4 5 6 7 8 9 10 Q
  • 36. P 10 Model 9 S1 8 7 6 P1 5 4 3 2 1 D1 0 0 1 2 3 4 5 6 7 8 9 10 Q
  • 37. P 10 Model 9 S1 8 7 6 P1 5 4 3 2 1 D1 0 0 1 2 3 4 5 6 7 8 9 10 Q
  • 38. P 10 Model 9 S1 8 7 6 P1 5 4 3 2 1 D1 0 0 1 2 3 4 5 6 7 8 9 10 Q1 Q
  • 39. P 10 Model 9 S1 8 7 6 P1 5 4 3 2 1 D1 0 0 1 2 3 4 5 6 7 8 9 10 Q1 Q
  • 40. P 10 Model 9 S1 8 7 6 P1 5 4 3 2 1 D2 D1 0 0 1 2 3 4 5 6 7 8 9 10 Q1 Q
  • 41. P 10 Model 9 S1 8 7 6 P1 5 4 3 2 1 D2 D1 0 0 1 2 3 4 5 6 7 8 9 10 Q1 Q
  • 42. P 10 Model 9 S1 8 7 6 P1 5 4 3 2 1 D2 D1 0 0 1 2 3 4 5 6 7 8 9 10 Q1 Q
  • 43. P 10 Model 9 S1 8 7 6 P1 5 P2 4 3 2 1 D2 D1 0 0 1 2 3 4 5 6 7 8 9 10 Q1 Q
  • 44. P 10 Model 9 S1 8 7 6 P1 5 P2 4 3 2 1 D2 D1 0 0 1 2 3 4 5 6 7 8 9 10 Q1 Q
  • 45. P 10 Model 9 S1 8 7 6 P1 5 P2 4 3 2 1 D2 D1 0 0 1 2 3 4 5 6 7 8 9 10 Q2 Q1 Q
  • 46. P 10 Model 9 S1 8 7 6 5 4 3 2 1 0 0 1 2 3 4 5 6 7 8 9 10 Q
  • 47. P 10 Model 9 S1 8 7 6 5 4 3 2 1 0 0 1 2 3 4 5 6 7 8 9 10 Q
  • 48. P 10 Model 9 S1 8 7 6 5 4 3 2 1 0 0 1 2 3 4 5 6 7 8 9 10 Q
  • 49. P 10 Model 9 S1 8 7 6 5 4 3 2 1 0 0 1 2 3 4 5 6 7 8 9 10 Q
  • 50. P 10 Model 9 S1 8 7 6 5 4 3 2 1 0 0 1 2 3 4 5 6 7 8 9 10 Q
  • 51. P 10 Model 9 8 S 7 6 5 4 3 2 1 D 0 0 1 2 3 4 5 6 7 8 9 10 Q
  • 52. P 10 Model 9 8 7 S 6 5 4 3 2 1 D 0 0 1 2 3 4 5 6 7 8 9 10 Q
  • 53. P 10 Model 9 S 8 7 6 5 4 3 2 1 D 0 0 1 2 3 4 5 6 7 8 9 10 Q
  • 54. P 10 Model 9 8 7 S 6 5 4 3 2 1 D 0 0 1 2 3 4 5 6 7 8 9 10 Q
  • 55. P 10 Model S 9 8 7 6 5 4 3 2 1 D 0 0 1 2 3 4 5 6 7 8 9 10 Q
  • 56. Use Supply-Demand Modeling to analyze the following: 1. Decrease in income - Normal Good 2. Decrease in income - Inferior Good 3. Increase in the price of a substitute 4. Increase in the price of a compliment 5. Decrease in population 6. A new innovation and more suppliers 7. Increase in the price of an input 8. Increase income and increase in the price of a substitute 9. Decrease in the number of suppliers 10. Increase in the population and decrease in income
  • 57. Use Supply-Demand Modeling to analyze the following: 1. Decrease in income - Normal Good 2. Decrease in income - Inferior Good 3. Increase in the price of a substitute 4. Increase in the price of a compliment 5. Decrease in population 6. A new innovation and more suppliers 7. Increase in the price of an input 8. Increase income and increase in the price of a substitute 9. Decrease in the number of suppliers 10. Increase in the population and decrease in income

Editor's Notes