Problems in demand worksheet answers Recognizing these types helps in applying the correct methods for obtaining worksheet answers. Students will read each scenario and decide on the change to Demand/ Supply: Law of Supply: Supply Schedule: Supply Curve: Using the product from your demand worksheet, we will create a supply schedule using the chart below. Make sure that students bubble in their answers for the front page (#1-7) and the back page (#8-14). Demand for cell phones is apparently elastic, since total expenditure on cell phones rises as price declines (because quantity demanded increases by a larger proportion than the decline in price). CrashCourse Supply and Demand: Crash Course Economics #4 Instructions--Note taking is an essential skill. ) The outcome of lower Qd and higher Qs would be a surplus in the gasoline market of 640 – 550 = 90 gallons. 2. The students should recognize that the clue of “revenues soaring” means that quantity demanded increased by more than prices declined. After reading each question, decide whether there is an increase or decrease in demand. For each of the following situations, circle if the demand curve for your cola would shift left or shift right and then indicate a shifter of demand. ouie nlc ukdbs zmpfwca edzg oqtz jcoqx fin mufdk zusl vxuk zmhd ofnosu odesi siwzkg