ECON Review - DEMAND - Unit 3 Sections 1-3
Quiz
•
Social Studies
•
12th Grade
•
Medium
Lynna Landry
Used 16+ times
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42 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Listing that shows the quantity demanded at all possible prices at a given time
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The desire, ability, and willingness to buy a product
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Products that tend to be used together
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Products that can be used in place of other products
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The diagram represents a
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Consider the market for SUVs. If the price of gasoline increases then the Demand for these vehicles will
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The law of demand helps explain why people buy more when the price decreases.
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