1) What will happen to the supply of gas if Israel shuts down its main production factory? a) Supply shifts left b) Supply shifts right c) Contraction in supply d) Expansion in supply 2) What will happen to the supply of smart phones when the costs of production decrease? a) Supply shifts left b) Supply shifts right c) Contraction in supply d) Expansion in supply 3) What will happen to the supply of software when AI can be used to write code quicker and more efficiently? a) Supply shifts left b) Supply shifts right c) Contraction in supply d) Expansion in supply 4) What will happen to the supply of wheat in a year of poor weather? a) Supply shifts left b) Supply shifts right c) Contraction in supply d) Expansion in supply 5) What will happen to the supply of alcohol when a firm increases the average price? a) Supply shifts left b) Supply shifts right c) Contraction in supply d) Expansion in supply 6) What will happen to the supply of potatoes when the government gives potato framers subsidies for growing more potatoes? a) Supply shifts left b) Supply shifts right c) Contraction in supply d) Expansion in supply 7) What will happen to the supply of cigarettes if the government impose higher taxes on each packet a) Supply shifts left b) Supply shifts right c) Contraction in supply d) Expansion in supply 8) What will happen to the supply of cigarettes if the government impose higher taxes on each packet a) Supply shifts left b) Supply shifts right c) Contraction in supply d) Expansion in supply 9) What will happen to the supply of ice cream when the cost of milk soars? a) Supply shifts left b) Supply shifts right c) Contraction in supply d) Expansion in supply 10) What will happen to the supply of chocolate if the price of cocoa beans decreases? a) Supply shifts left b) Supply shifts right c) Contraction in supply d) Expansion in supply 11) What will happen to the supply of new cars if there is an increase in the cost of steel? a) Supply shifts left b) Supply shifts right c) Contraction in supply d) Expansion in supply 12) What will happen to the supply of new cars if there is an increase in the cost of steel? a) Supply shifts left b) Supply shifts right c) Contraction in supply d) Expansion in supply

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