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Factors Affecting Demand and Quantity Demanded

Authored by Mrjayjaylee0306 Mrjayjaylee0306

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3rd Grade

Used 9+ times

Factors Affecting Demand and Quantity Demanded
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9 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following the example of Joint Demand (Complements)?

A. Printing paper and printers

B. Wood and paper

(c) Feed and cattle

Answer explanation

Printing paper an

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of derived demand?

Bread and butter

Wood and Paper

Coca Cola and Pepsi

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When the price of printer increases, what will be the effect on ink-jet printer?

The demand of ink-jet printer will increase.

The quantity demanded of ink-jet printer will increase.

The demand of ink-jet printer will decrease.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What will be the effect of ink-jet printer market, when the price of ink-jet printer rises?

The demand of ink-jet printer will increase.

The demand of ink-jet printer will drop.

The quantity demanded of ink-jet printer will drop.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What will be the effect on the ink-jet printer market, when the price of lazer printers increases?

The quantity demanded of ink-jet printers will decrease.

The demand for ink-jet printers will decrease.

The demand for ink-jet printers will increase.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How will the ink-jet printers market be affected, if the price of ink-jet printers is expected to fall?

An increase in the demand for ink-jet printers.

An increase in the quantity demanded of ink-jet printers.

A decrease in the demand for ink-jet printers

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Discounts are given on ink-jet printers, then.........

The quantity demanded of Ink-jet printers will increase.

The demand for ink-jet printers will increase.

The demand for ink-jet printers will decrease.

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