Using Both Shifts, Prediction Recipes

One shift is a complete forecast

The tug of war logic

The grid of four cases

Working an event end to end

During a festival week the demand for hotel rooms shifts right, and newly finished hotels shift the supply of rooms right at the same time. What is the best prediction for the equilibrium quantity and price of rooms?

A drought shifts the supply of coffee left, and at the same time a health scare shifts demand left. Which outcome does the grid predict?

Before a festival week a town rents 400 rooms a night. During the week, demand shifts right and supply shifts right together, and the combined effect adds 40 rooms to the equilibrium quantity. Compute the new equilibrium quantity of rooms per night and write the number.

During a festival week demand for hotel rooms shifts right, and at the same time newly finished hotels shift supply right. What can be predicted about the new equilibrium?

A recession shifts demand for restaurant meals left, and rising food prices shift supply left at the same time. What is the sure prediction?

A town rents 300 rooms per night. A festival shifts demand right, which alone would raise quantity by 20 percent, and new hotels shift supply right, which alone would raise it by 15 percent. Compute the combined quantity if the effects compound, and write the number.