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Problems in Demand - Increase or Decrease

Social Studies

12th Grade

5 Questions

Problems in Demand - Increase or Decrease
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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the fountain of youth is found in Superior, AZ, what happens to the demand for houses in Superior?

Demand increases causing the price to rise and the quantity to fall.

Demand increases causing the price to fall and the quantity to rise.

Demand increases causing the price and quantity to fall.

Demand increases causing the price and quantity to rise.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the price of a Jumbo Jack hamburger falls to $1, what happens to the demand for Burger King Whopper hamburgers?

Demand for Whoppers will fall. The price will rise but the quantity will fall.

Demand for Whoppers will rise. The price will rise but the quantity will fall.

Demand for Whoppers will fall. The price and quantity will both fall.

Demand for Whoppers will rise. The price and quantity will both rise.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If coffee causes blindness what happens to the demand for coffee?

Demand increases, price and quantity both increase.

Demand increases, price and quantity both decrease.

Demand decreases, price and quantity both increase.

Demand decreases, price and quantity both decrease.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If Jacksonville, Florida, suffers from a hurricane, what happens to the demand for lumber?

Demand Increases. Price increases, quantity decreases.

Demand Increases. Price and Quantity increase.

Demand Decreases. Price increases, quantity decreases.

Demand Decreases. Price and Quantity increase.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the price of world's best breakfast cereal, Fruity Pebbles, rises, what happens to the demand for milk?

Demand increases. Price and Quantity fall.

Demand Decreases. Price and Quantity fall.

Demand increases. Price and Quantity rise.

Demand Decreases. Price and Quantity rise.

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