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Exam 2 (Review Session w answers)

Exam 2 (Review Session w answers) - ,Food,andYou...

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AEB 2014 – Economic Issues, Food, and You  Review Session for Exam # 2; Thursday, October 19 th , 2006  1.  Refer to Figure.  Graph A shows which of the  following? a. an increase in demand and an increase in  quantity supplied b. an increase in demand and an increase in  supply c. an increase in quantity demanded and an  increase in quantity supplied d. an increase in supply and an increase in  quantity demanded 2.  Refer to Figure . Graph C shows which of the  following? increase in quantity supplied 3.  Refer to Figure . Which of the four graphs illustrates an increase in quantity supplied? 4.  Refer to Figure . Which of the four graphs illustrates a decrease in quantity demanded?
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