ECON CARTOON

ECON CARTOON
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Storyboard Text

  • Price
  • At last spring has arrived and the idea of ice cream has sprung into peoples minds. This causes the demand for ice cream to increase! Once Chase (the owner of Chase's Ice Cream Parlor) learns the demand for his product has increased, he increases the price of his ice cream
  • This graph is demonstrating how an increase in demand, leads business to increase price for objects in demand
  • Quantity
  • D
  • D1
  • Chase
  •  This graph is representing a demand decrease along with a price decrease due to a surplus of product 
  • Oh no! Although it is almost May, it started snowing AGAIN! People are unhappy and do not want ice cream as it is 10 degrees Fahrenheit. The demand has decreased, yet Chase have a surplus of his products... Prices of ice cream lower! (i wish)
  • Price
  • Quantity
  • D1
  • D
  •  Wow the very next day its 90 degrees Fahrenheit outside and Chase opens 10 more ice cream shops. This causes the supply of ice cream to increase. 
  • Price
  • Quantity
  • S1
  • Due to the fact that it is a hot day, the demand is increasing and the price is following suit as the demand is increasing and Chase can charge more for his products. The quantity is increasing due to the opening of 10 new ice cream stores.
  • S
  • 
  • Created by: Sarah Harkins
  • Chase is having an ending season sale on his ice cream. He will continue to lower his price until all of his ice cream is gone. This leads to the price decreasing along with the supply.
  • Price
  • Quantity
  • S
  • S1
  • Price
  • One day Chase discovers an automatic ice cream maker which makes more ice cream than ever before. This increases the supply of ice cream! The machine made the ice cream even creamier and tastier than before and the demand has increased. This has lead to a price increase.
  • Quantity
  • S1
  • S
  • The End! I hope you enjoyed 
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