Supply Graphing Headlines I. Record Peach Harvest – Price Lowest in Decades • How will this information likely affect the supply curve for frozen peach pies? S1 I. Record Peach Harvest – Price Lowest in Decades • How will this information likely affect the supply curve for frozen peach pies? S1 S2 positive shifter; cost of natural resources J. U.S. Car Company to Close Six Factories • How will this information likely affect the supply curve for the company’s minivans? S1 J. U.S. Car Company to Close Six Factories • How will this information likely affect the supply curve for the company’s minivans? S2 S1 negative shifter; decrease in number of producers K. Shoe Manufacturer Increases Prices on All Styles • How will this information likely affect the supply curve for the company’s sneakers? S1 K. Shoe Manufacturer Increases Prices on All Styles • How will this information likely affect the supply curve for the company’s sneakers? S1 S2 no change L. Gas Prices to Stay Low This Year – Rise Dramatically Next Year • How will this information likely affect the current supply curve for gasoline? S1 L. Gas Prices to Stay Low This Year – Rise Dramatically Next Year • How will this information likely affect the current supply curve for gasoline? S2 S1 negative shifter; cost of natural resources M. Robots Make Automobile Assembly Faster, Cheaper • How will this information likely affect the supply curve for cars? S1 M. Robots Make Automobile Assembly Faster, Cheaper • How will this information likely affect the supply curve for cars? S1 S2 positive shifter; technology change N. Congress Passes New “Sugar Tax” • How will this information likely affect the supply curve for sugar? S1 N. Congress Passes New “Sugar Tax” S2 • How will this information likely affect the supply curve for sugar? S1 negative shifter; number of produces O. Fire Destroys Thousands of Acres of Forest in Pacific Northwest • How will this information likely affect the supply curve for lumber from Oregon? S1 O. Fire Destroys Thousands of Acres of Forest in Pacific Northwest • How will this information likely affect the supply curve for lumber from Oregon? S2 S1 negative shifter; natural disaster P. President Approves Subsidy for Solar Energy Industry • How will this information likely affect the supply curve for solar energy panels? S1 P. President Approves Subsidy for Solar Energy Industry S2 S1 positive shifter; number of producers • How will this information likely affect the supply curve for solar energy panels?
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