F.4_ECON_Book 1 Chapter 4_demand_20240408

Increase in quantity demanded of Coca-Cola is due to ________________

• a decrease in the price of Coca-cola

• a decrease in the price of Pepsi

• a decrease in the price of Sprite

• a decrease in the income of citizens.

A decrease in quantity demanded is represented by _________________.

• a leftward shift in demand curve

• a rightward shift in supply curve

• a downward movement along the same demand curve

• an upward movement along the same demand curve

The _____________ of cold drinks will increase as the weather is getting hotter.

• demand

• quantity supplied

• supply

• quantity demanded

An increase in demand is represented by _________________.

• a leftward shift in demand curve

• a rightward shift in demand curve

• an upward movement along the same demand curve

• a downward movement along the same demand curve

A new housing estate is built near to Tai Shui Hang MTR Station. The _______________ for / of transportation services will ______________.

• demand .... increase

• demand .... decrease

• supply .... increase

• supply .... decrease

Suppose the demand curve for a tour package to Korea is downward sloping. Which of the following CANNOT be constant when we move from one point to another on the demand curve?

• A. The price of the tour package to Korea

• B. The price of a tour package to Japan

• C. People’s income

• D. The price of a travel guidebook to Korea