Shifts of Demand and Supply
Authored by Chloe Zhang
Social Studies
9th Grade
Used 1+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How will demand curve change when there is
a reduction in taxes on incomes?
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How will demand curve change when there is
a rise in the price of complementary goods?
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How will demand curve change when there is
a rise in the price of substitutes?
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How will demand curve change when there is
an increased advertising of the product?
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How will supply curve change when there is
an increase in the cost of the factors of production?
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How will supply curve change when there is
A decrease in the profitablity of the good?
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How will supply curve change when there is
A natural disaster e.g. Drought or earthquake?
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