Shifts & Movements• Here’s a few quiz questions:– Draw the supply curve(s) for:• Mobile phones as its manufacturing technology has

become more efficient.• Green-energy cars as the government provides a

$10,000 subsidy for every car produced.• Toys as many toy manufacturers have gone belly up

during a recession.• Red ball pen when the selling price for blue ball pen

has increased.• Furniture when its cost of materials has declined.

Shifts & Movements• Here’s a few quiz questions:– Draw the supply curve(s) for:• Books when government increases the tax rates

charged on booksellers.

• Carrots now when farmers expect its selling price to go down next month.

• Apartments when a number of new construction firms have joined the market.