Demand

Demand

11th Grade

8 Qs

quiz-placeholder

Similar activities

ONLINE PLATFORMS

ONLINE PLATFORMS

11th - 12th Grade

10 Qs

CHECK YOUR KNOWLEDGE

CHECK YOUR KNOWLEDGE

10th - 12th Grade

10 Qs

Karakteristik produk retail

Karakteristik produk retail

11th Grade

10 Qs

Thickening Agents and Methods

Thickening Agents and Methods

11th - 12th Grade

10 Qs

Exoictic cars.

Exoictic cars.

5th Grade - Professional Development

10 Qs

erasmus project

erasmus project

11th Grade

10 Qs

Ohio Valley College of Technology

Ohio Valley College of Technology

KG - University

10 Qs

Language Features of Poem

Language Features of Poem

11th Grade

10 Qs

Demand

Demand

Assessment

Quiz

Other

11th Grade

Practice Problem

Easy

Created by

Palak Jain

Used 3+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

8 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • Ungraded

Which of the following are determinants of demand for a product/service?

  1. Price of the product/service

  1. Income of the buyer

  1. Desire to purchase the product/service

  1. All of the above

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Two goods are ___________ when the quantity consumed of one decreases with the increase in price of the other.

  1. Substitute

  1. Normal

  1. Complementary

  1. None of the above

3.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Normal goods have negative income effect

true

false

none of the above

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

The law of demand states that if the price of CD’s rise, consumers will

Buy more CDs

Buy fewer CDs

Quantity demanded will not change

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The definition of demand in an economic perspective is ________________.

the desire to purchase goods and services at a certain price.

the desire of all individuals in a market to purchase goods.

the desire of an individual to obtain goods and services, supported by the ability to pay a certain price.

he ability of an individual to spend his/her income to purchase goods and services.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

This image refers to what?

demand schedule 

supply schedule 

quantity demanded

components of demand 

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The law of demand states with increase in price there is

decrease in quantity demanded

increase in quantity demanded

decreased demanded

increased demanded

8.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Demand is affected by

price of commodity

population

interest and fashion

all of the above