SBDM Review

Front

Demand goes Up or Down? Price of Pizza goes Up by $9.

Back

Up

Front

Demand goes Up or Down? Price of Hot Dogs goes Up by $7.

Back

Up

Front

Demand goes Up or Down? Soda price decreases by $0.50 per can

Back

Down

Front

If you earn more your demand decreases... True or False?

Back

False

Front

Market demand schedule set up over time... True or False?

Back

True

Front

Supply demand schedule set up over time... True or False?

Back

True

Front

USA has debt... True or False?

Back

True

Front

Competition is bad for consumers. True or False?

Back

False

Front

Competition increases supply. True or False?

Back

True

Front

When travelling outside the US you will need to change your currency. True or False?

Back

True