AGEC MODULE 2 QUESTIONS.docx - Study Questions Chapter 4 1...

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Study Questions Chapter 4 1. List at least three things that can shift the demand curve. i) Use one item in your list to create an example of a situation that would shift the curve right. ii) Use a different item on your list to create an example of a situation that would shift the curve left. iii) In each case, explain what happens to price and quantity.
2. Explain the differences in the variability of the supply and demand curve in the US and the foreign demand for our goods. Provide examples to illustrate your answer.

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