1. Bellringer
Identify the changes to the
tomato market by drawing the
graph and identifying the part
of TRIBE or PEST that changed.
1. Pesticides are outlawed in
the United States
2. People in US try to eat
healthier and eat more
salads
3. US signs a free-trade deal
with India

2. Food price change
• Macro world: inflation
• Micro world: supply &
demand, investment
ideas?
• http://www.usatoday.c
om/story/money/busin
ess/2014/03/18/food-
prices-rising/6557417/

3. PEST Changes Assignment
1. For each part of PEST, identify one positive and
negative change to the car or computer market
and sketch a correctly drawn graph
2. Find an article either on your phone or in a
financial magazine, write the headline, the market,
part of PEST that is changing and graph it.

4. On a separate sheet of paper
Graphically sketch the changes to the demand curve, 1 curve won’t change
Identify the part of TRIBE Label your graphs
1. Unemployment rises (steak)
2. New residents move to Arizona (houses)
3. The price of buns increases (hot dogs)
4. The internet gets more expensive (itunes mp3’s)
5. Unemployment rises (Canned Ham (SPAM))
6. You go to college (text books)
7. Average wage rises 10% (Hawaiian vacations)
8. Stock market increases in value (used clothing)
9. The price of meat increases (A1 steak sauce)
10. Eegees releases a brand new flavor (slushies)
11. Gas prices increase to $6.50/gallon (bicycles)
12. Xbox360 games get cheaper (Xbox360 games)
13. Dept of Labor reports college grads earn more $$ (college degrees)
14. You read an article that gas prices will triple next month (gas)
15. Make up your own example and show demand shift
$
Q