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Econ: Graphing Change in Supply & Change in Demand

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11th - 12th Grade

Used 51+ times

Econ: Graphing Change in Supply & Change in Demand
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12 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

In the above figure, the movement from point a to point b reflects 

a decrease in the price of pizza
an increase in the demand for pizza
an increase in the number of people who eat pizza
a decrease in the number of firms producing pizza

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

In the above figure, the shift in the demand curve from D to D1 can be the result of

an increase in the price of pizza
an increase in the price of a sub sandwich, a substitute for pizza
an increase in the price of soda, a complement to pizza
a change in quantity demanded

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

In the above figure, the shift in the demand curve from D to D2 can be the result of

an increase in income if pizza is a normal good
an increase in the price of a sub sandwich, a substitute for pizza
an increase in the price of soda, a complement to pizza
a change in quantity demanded

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

Pizza is a normal good. In the above figure, the shift in the demand curve from D to D2 can be the result of 

a decrease in the price of soda, a complement to pizza
an increase in the price of hamburgers, a substitute for pizza
a decrease in income
a study that shows that pizza is a very healthy food

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

In the above figure, the shift in the demand curve from D to D1 can be the result of

a decrease in income if pizza is a normal good
a decrease in the price of a sub sandwich, a substitute for pizza
an increase in the price of soda, a complement to pizza
an increase in the number of teenagers, all of whom demand more pizza than do other age groups

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

In the above figure, ____ will shift in the demand curve from D to D1

an increase in income if pizza is an inferior good
a decrease in the price of a sub sandwich, a substitute for pizza
buyers' expectation that pizza will be less expensive next week
a scientific article published that demonstrates eating pizza is good for one's health

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

In the above figure, the movement from point a to point b reflects

an increase in the price of pizza
an increase in the supply of pizza
an increase in the number of producers of pizza
a decrease in the cost of the tomato sauce used to produce pizza

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