Demand Curves

Shifting the demand curve to the left indicates

• increase in demand

• decrease in demand

• increase in quantity demanded

• decrease in quantity demanded

How will price change of a product affect that products graph?

• The graph will shift to the right

• The graph will shift to the left

• There will be movement along the line

• none of the above

How do you indicate an increase in Demand?

• Movement along the line

• Shift the curve to the left

• Shift the curve to the right

• None of the above

Goods that can be easily switched out for each other are known as

• Normal Goods

• Complementary Goods

• Substitute Goods

• Leisure Goods

Goods that are commonly used with one another are known as

• Normal goods

• Complementary goods

• Substitute goods

• Inferior goods

An increase in population will generally do what to the demand curve

• Nothing

• It will move the point along the line

• Shift it to the left

• Shift it to the right

Movement along the demand curve is called

• Change in Quantity Demanded

• Change in Demand

• Change in Quantity Supplied

• Change in Supply

A shift in the entire demand curve is known as

• Change in Demand

• Change in Quantity Demanded

• Change in Supply

• Change in Quantity Supplied

Which of the following would NOT cause a demand curve to shift?

• a change in a consumer's income level
• a change in population
• a change in a consumer's expectations
• a change in the price of a product.

A reduction in the overall population of an area will likely cause a demand curve to shift

• left
• right
•  up
• not at all