Demand
Authored by Gregg Lee
Other
8th - 12th Grade
Used 1K+ times
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11 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The diagram represents a
increase in demand
decrease in demand
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Consider the market for cars in Hong Kong. If the price of gasoline increases then the Demand for cars will
increase
decrease
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An decrease in demand for iPhones in HK could be caused by a(n)
increase in price for Samsung Galaxy
increase in population in HK
the price for iPhones is expected to increase next week
the price of iPhone apps increased
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A new study has shown that avocados are extremely healthy. The demand for avocados has increased due to a change in
market size
price of a substitute good
price of a complementary good
tastes and preferences
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
If the price of Frozen Yogurt increased then the demand for ice cream will
increase
decrease
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The Hong Kong government reduced income tax by 10%. The demand for shoes will
increase
decrease
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A recent scandal in which 1 million fake Chanel hand bags have been discovered. There is in an increase in Louis Vuitton hand bags because
price of a complement
price of a substitute
tastes and preferences
income
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