Directions: Write below whether each factor will increase or decrease supply for the market listed, what determinant of supply caused the increase and decrease and show the supply curve shift on the graph. Scenario Determinant and Change Graph 9. Market: Shorts this month Scenario: Prices of shorts are expected to rise in the future. Increase or Decrease: ____________ ROTTEN: ______________ 10. Market: Strawberries this month Scenario: Prices of strawberries are expected to fall next month. Increase or Decrease: ____________ ROTTEN: ______________ 11. Market: Cereal market Scenario: Grain prices are falling due to surpluses. Increase or Decrease: ____________ ROTTEN: ______________ 12. Market: Housing market Scenario: Wages paid to roofers and electricians increase Increase or Decrease: ____________ ROTTEN: ______________ 13. Market: Flash drive market Scenario: Companies announce a new wave of technological innovations in flash drive production Increase or Decrease: ____________ ROTTEN: ______________ 14. Market: Social Media advertising market Scenario: A global computer virus shuts down over half of all online technology Increase or Decrease: ____________ ROTTEN: ______________ 15. Market: Airline industry Scenario: To combat recessionary fears, the government announces stimulus checks to airlines Increase or Decrease: ____________ ROTTEN: ______________ 16. Market: Chicken market Scenario: The government announces an new 5% tax on all chicken production Increase or Decrease: ____________ ROTTEN: ______________ 17. Market: Face masks Scenario: Etsy sellers rush to start online stores to meet increased demand for face masks Increase or Decrease: ____________ ROTTEN: ______________ 18. Market: Video rental store market Scenario: Online streaming for movies causes many movie rental stores to close Increase or Decrease: ____________ ROTTEN: ______________ 19. Market: Physical CD market Scenario: Music companies see huge profits from music downloads Increase or Decrease: ____________ ROTTEN: ______________ 20. Market: SUV market Scenario: Auto manufacturers see major shift in buying from sedans to SUVs Increase or Decrease: ____________ ROTTEN: ______________