DEMAND AND QUANTITY DEMANDED

Which of the following is illustrated?

• an increase in quantity demanded

• a decrease in quantity demanded

• an increase in demand

• a decrease in demand

Which of the following would cause the change illustrated in the graph?

• an increase in price

• a decrease in price

• consumer expectation of a future increase in price

• consumer expectation of a future decrease in price

Which of the following is illustrated?

• an increase in quantity demanded

• a decrease in quantity demanded

• an increase in demand

• a decrease in demand

Which of the following would cause the change illustrated in the graph?

• an increase in price

• a decrease in price

• an increase in the price of a substitute good

• an decrease in the price of a substitute good

Which of the following is illustrated?

• an increase in quantity demanded

• a decrease in quantity demanded

• an increase in demand

• a decrease in demand

Which of the following would cause the change illustrated in the graph?

• an increase in price

• a decrease in price

• an increase in consumer income

• a decrease in consumer income

Which of the following is illustrated?

• an increase in quantity demanded

• a decrease in quantity demanded

• an increase in demand

• a decrease in demand

Which of the following would cause the change illustrated in the graph?

• an increase in price

• a decrease in price

• consumer expectation of a future increase in price

• consumer expectation of a future decrease in price

What happens to the market for flower seeds and potting soil every spring?

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Which determinant of demand best explains the increase of demand for flower seeds and potting soil every spring?

• increase in consumer preference for a good

• decrease in consumer preference for a good

• consumer expectation of a future price increase

• consumer expectation of a future price decrease