Demand

The diagram represents a

• increase in demand
• decrease in demand

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 

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

If the price of Frozen Yogurt increased then the demand for ice cream will 

• increase
• decrease

Donald Trump has been elected and the demand for US tourist visas has decreased because of

• market size
• expectations of future prices
• income
• tastes and preferences

When the price of something increases, the quantity demanded ___?

• decreases

• reverses

• increases

• remains the same

Which of the following are

not examples of complements?

• football jersey and shin pads

• iPod and iPad

• bicycle and helmet

• computer and charging cord

What will happen if consumers expect higher coffee prices in the future?

• The demand for coffee will increase now.

• The demand for coffee will decrease now.

• The supply of coffee will increase now.

• The supply of coffee will decrease now.

When the price of good A rises, people start to drink good B. In this case, what is good B considered?

• luxury good

• complementary good

• substitute good

• normal good

To access Internet services, consumers must use a computer. If computer prices fall, what is the effect on the demand for Internet services

• the demand for Internet services increases
• the demand for Internet services decreases
• The demand for Internet services remains unchanged
• The demand for Internet services could increase, decrease, or stay the same depending on other factors