Comments on: Explain each of the following statements using supply and demand diagrams? http://earthquakequestions.com/explain-each-of-the-following-statements-using-supply-and-demand-diagrams.htm Everything You Want To Know About Earthquakes Mon, 23 Apr 2012 18:35:24 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Hey you http://earthquakequestions.com/explain-each-of-the-following-statements-using-supply-and-demand-diagrams.htm/comment-page-1#comment-12633 Hey you Sun, 14 Feb 2010 19:12:40 +0000 http://earthquakequestions.com/explain-each-of-the-following-statements-using-supply-and-demand-diagrams.htm#comment-12633 a. Damaged cotton crop means diminished supply and regular demand (S shaped) b. Cheaper leather jackets means demand will increase and supply remains the same. c. The demand for exercise attire will increase. d. This one is fun and tricky. You should do two diagrams. One for the old knitting machine with dwindling supply and demand and the new machine will have slowly increasing supply and demand. a. Damaged cotton crop means diminished supply and regular demand (S shaped)

b. Cheaper leather jackets means demand will increase and supply remains the same.

c. The demand for exercise attire will increase.

d. This one is fun and tricky. You should do two diagrams. One for the old knitting machine with dwindling supply and demand and the new machine will have slowly increasing supply and demand.

]]>