Supply and Demand

Access to easily substitutable inputs for production.

Increased government regulation restricting production methods.

Hostile market conditions creating uncertainty over future prices.

Abundance of fixed capital required for production that cannot be quickly adapted.

There's no change in either demand or supply because all manufacturing plants pass on these taxes directly without altering their production behavior or pricing strategies.

The supply curve shifts rightward since companies become more efficient in order to offset tax expenses, leading to increased production at every price point.

The supply curve shifts leftward indicating reduced supply at each price point leading to higher prices for consumers if demand stays stable.

The demand curve shifts rightward as consumers prefer products from environmentally conscious companies paying such taxes.

Consumer (employer) surplus decreases, and producer (worker) surplus increases.

Both consumer (employer) surrogate and producer (worker) surrogate decrease.

Both consumer (employer) surrogate and producer (worker) surrogate increase.

Consumer (employer) surplus increases, and producer (worker) surrogate remains unchanged.

The value of the next best alternative foregone when making a choice.

The total sum of all alternatives available when making a decision.

The cost associated with not taking advantage of a discount or sale.

The amount of money spent on an economic transaction.

No change in wheat prices or quantity supplied.

An increase in demand for wheat-based products only.

A decrease in the supply of wheat.

An increase in the supply of wheat.

There will be movement along the existing supply curve for laptops.

The price elasticity of demand for laptops will decrease.

The supply curve for laptops will shift to the right.

The demand curve for laptops will shift to the left.

The demand curve for steel shifts to the right.

The supply curve for steel shifts to the right.

The supply curve for steel shifts to the left.

The demand curve for steel shifts to the left.

The demand for coffee will decrease.

The demand for coffee will increase.

The supply of coffee will increase.

The supply of coffee will decrease.

The market supply curve will remain unchanged.

The market supply curve will shift to the right.

The market supply curve will become more elastic.

The market supply curve will shift to the left.

Perfect competition

Monopolistic competition

Oligopoly

Monopoly