2.3 Demand
2 hours ago
deanhoss
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15 QuestionsShow answers
  • Question 1
    30 seconds
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    Q.

    Which of the following pairs is an example of substitutes?

    answer choices

    Cereal and Milk

    calculators and iPods

    Gatorade and Powerade

    water skiing and skateboarding

  • Question 2
    30 seconds
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    Q.

    Which of the following are

    non-examples of complements?

    answer choices

    football shirt and shin pads

    iPod and iPad

    bicycle and helmet

    computer and charging cord

  • Question 3
    30 seconds
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    Q.

    When the price of something increases, the quantity demanded ___?

    answer choices

    decreases

    reverses

    increases

    remains the same

  • Question 4
    30 seconds
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    Q.

    Which of the following would cause the demand curve to

    shift to the left?

    answer choices

    the average annual income increases

    government corporate taxes increase

    consumers begin to like the product

    price of a complementary good increases

  • Question 5
    30 seconds
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    Q.

    What would not cause a change (shift) in the demand curve?

    answer choices

    a decrease in the salary’s of the population

    a change in popularity of the good

    a change in price of the good

    an increase in the price of a substitute good

  • Question 6
    30 seconds
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    Q.

    How can expectations about a future price change consumer behavior?

    answer choices

    If the price is expected to stay the same, immediate demand will decrease.

    Immediate demand for a good is not related to future price expectations.

    If a good is expected to be plentiful, demand will not be affected.

    Immediate demand will increase, if a good’s price is expected to rise in the future.

  • Question 7
    30 seconds
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    Q.

    If price of tea decreases, what is the affect on the demand for coffee?

    answer choices

    the demand for tea is not affected

    the demand for coffee decreases

    the demand for tea decreases

    the demand for coffee increases

  • Question 8
    30 seconds
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    Q.

    Which of the following would cause the demand curve to

    shift to the right?

    answer choices

    a popular toys loses appeal

    Suppliers expect higher prices in the future

    price of a substitute good decreases

    the average annual income increases

  • Question 9
    30 seconds
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    Q.

    Which of the following would cause the demand curve to

    shift to the left?

    answer choices

    price of a substitution good decreases

    huge population increase

    new government regulations

    consumers begin to like the product

  • Question 10
    30 seconds
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    Q.

    Which of the following would cause the demand curve to

    shift to the left?

    answer choices

    price of a complementary good decreases

    huge population increase

    new government regulations

    consumers begin to dislike the product

  • Question 11
    30 seconds
    Report an issue
    Q.

    Which of the following would cause the demand curve to

    shift to the right?

    answer choices

    a popular toys loses appeal

    suppliers expect higher prices in the future

    price of a substitute good decreases

    huge population increase

  • Question 12
    30 seconds
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    Q.

    An increase in Demand is located by moving from point ________ to point_________

    answer choices

    Moving from A to B

    Moving from A to C

    Moving from C to A

    Moving from B to A

  • Question 13
    30 seconds
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    Q.

    An increase in quantity Demanded is located by moving from point ________ to point_________

    answer choices

    Moving from A to B

    Moving from A to C

    Moving from C to A

    Moving from B to A

  • Question 14
    30 seconds
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    Q.

    An decrease in quantity Demanded is located by moving from point ________ to point_________

    answer choices

    Moving from A to B

    Moving from A to C

    Moving from C to A

    Moving from B to A

  • Question 15
    30 seconds
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    Q.

    An decrease in Demand is located by moving from point ________ to point_________

    answer choices

    Moving from A to B

    Moving from A to C

    Moving from C to A

    Moving from B to A

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