20 questions
Auto Union Workers Agree to Wage Cuts
New robot increase efficiency for Autos
Cost of Steel decreases
Major Auto producer goes out of business
Government gives Car producers Subsidies
Price of Autos increase
increase in supply
increase in quantity supplied
decrease in supply
decrease in quantity supplied
What is the relationship between the Price and Quantity Supplied
Direct Relationship
Inverse Relationship
Positive Relationship
Negative Relationship
What is the direction of the supply curve from Left to Right?
Upward
Downward
Sideward
No answer in the choices
How does taxes affect production or supply?
creates more supply
creates less supply
creates variable supply
does not affect the supply