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Slide 2 Slide 3 Slide 4 Slide 5 D3D3D3D3 Slide 6 D1D1D1D1 P Dark Chocolate: Half A Bar Per Week May Keep Heart Attack Risk At Bay. Slide 7 P More income results in more demand for new cars; less demand for used cars. New Cars Used Cars Less income results in more demand for used cars; less demand for new cars. Slide 8 D1 D1 D1 D1 D2 D2 D2 D2 P QD 1 QD 2 More demand for both normal & inferior goods New Cars Used Cars Slide 9 D1 D1 D1 D1 P QD 1 iPad 16 GB $499 Slide 10 D1 D1 D1 D1 P QD 1 Slide 11 D1 D1 D1 D1 P Slide 12 D1 D1 D1 D1 D2D2D2D2 P Slide 13 Milk Cereal Pop Tarts D1D1D1D1 P P2P2 D1D1D1D1D P QD 2 Slide 14 Slide 15 Wages Raw Materials Intel Pentium Chip S S S P Slide 16 P1 QS1 Substitutes in production I only have 200 acres S S1S1S1S1 P S2S2S2S2 QS1 QS1 S1S1S1S1 P S2S2S2S2 S Producers want to produce more of the good where price is increasing, or at least, where the price is not going down. P2 QS2 QS2 Slide 17 S Because cows produce more milk, farmers dont have to have as many cows. [ saves $ ] S P Supply curve udderly moves udderly to the right. Less skin abrasions so happier cows produce more milk. Mooooove over and give me that waterbed. Waterbedsforcows.com Slide 18 S1S1 P Q $50 QS 1 Because of the XFLs cheerleaders many called this league, not the XFL, but the Supply of FB games each week 8 new teams Slide 19 P Slide 20 Slide 21 [ Inverse ] P S1S1S1S1 Im losing profits. Slide 22