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Qaagi - Book of Why

Causes

Effects

Any time there ’s a change in the price of a goodcausesmovement along the demand curve

a change in PRICE of the good or service(passive) is caused byA movement along the supply curve

A change in price levelwould causemovement along the demand curve

a change in the price or the quantity of the good(passive) is caused byA movement along the supply curve

a change of price of the given good(passive) Caused byMovement along the demand curve

expectations8)The number of suppliersA change in the price of the productcausesmovement along thedemand / supply curve

Movements along the supply curve Change in price of the productcausesthe movements along the supply curve

A change in price of a product or service , while everything else is constantresultingin a movement along supply curve

An increase in quantity supplied ( or a change in priceleadsto MOVEMENT ALONG THE SUPPLY CURVE

change in the price and resultant change in the quantity supplied(passive) is caused byA movement along the supply curve

Objective 4 : … what causes the supply curve to shift A change in the price of the goodcausesa movement along the supply curve

Rightward shift in the demand curvecausesrightward movement along the supply curve

due to change in the price of the commodity keeping other factors constant(passive) is causedMovement along the supply curve

An increase in demand … Supplyleadsto a movement along the supply curve

The increase in the demand for cornshould leadto a movement along the supply curve

price changescausesa movement along the supply curve

Under a price mechanism , if there is an increase in demand , then prices will go highercausinga movement along the supply curve

an increase in the demand for food at your local supermarketwould causemovement along its supply curve

Any price change to the productcausesa movement along the supply curve

English A price changecausingmovement along the supply curve

An increase in demand , which shifts the demand curve to the rightwill causea movement up the supply curve

a shift in demand arising from higher incomes Incorrect A shift of a demand curvecausesa movement along the supply curve

Supply & Demand Price changecausesmovement along the demand curve

An increase in the price of milkwould causemovement along the supply curve

An increase in the price of porkcausesa movement along the supply curve

Which of the followingwould causea movement along the supply curve

a price change of that good / service Price increasesquantity(passive) Caused bytime Movements along the Supply Curve

S D D ' A shift in Demandcausesa movement along the supply curve

changes in the price of the good(passive) are only caused byMovements along the supply curve

This leftward shift in the demand for oilcausesa movement down the supply curve

Change in market pricewill causemovement along the demand curve

changes in the price of the product(passive) are caused byMovements along the supply curve

changes in the price level(passive) is caused byMovement along the SRAS curve

The changes in the price of goods and servicescausemovement along the supply curve

The only factorcausesmovement along the supply curve

A change in quantity supplied ... changes in priceleadto movements along the supply curve

Changes in own price ( due to surpluses or shortageswill leadto a movement along the supply curve

Changes in the interest rate ( i.e. , the price of financial capitalcausea movement along the supply curve

A change in quantity supplied ... the goodcausesa movement along the supply curve

a change in the of the good or service that is being supplied(passive) might be caused byA movement along the supply curve

from a change in price as well as shifts of the supply curvresultingfrom a change in price as well as shifts of the supply curv

from a change in price as well as shifts of the supply curveresultingfrom a change in price as well as shifts of the supply curve

from a change in price Law of demand for virtually all goods and services a higher priceresultsfrom a change in price Law of demand for virtually all goods and services a higher price

from price changesresultingfrom price changes

in changes in prices and quantities that move in the same directionresultingin changes in prices and quantities that move in the same direction

more to like supply curvescausingmore to like supply curves

more to be suppliedcausingmore to be supplied

to the rise of equilibrium quantity and pricewill resultto the rise of equilibrium quantity and price

an increase in both the equilibrium price and quantitycausesan increase in both the equilibrium price and quantity

in both a higher equilibrium price and quantityresultingin both a higher equilibrium price and quantity

from a shift of the demand curve to the left and a fall in priceresultingfrom a shift of the demand curve to the left and a fall in price

in a lower price and greater quantity soldresultingin a lower price and greater quantity sold

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Smart Reasoning:

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