
3.1.2.1 The determinants of demand NOTES
Authored by James Hannaford
Social Studies
Professional Development

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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a factor that determines the demand for a good or service?
Technological advancements
Consumer income
Number of suppliers
Production costs
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does a demand curve typically show?
The relationship between supply and demand
The relationship between price and quantity demanded
The relationship between income and quantity supplied
The relationship between price and quantity supplied
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What can cause the demand curve to shift to the right?
A decrease in the price of the good
An increase in consumer income
An increase in the price of substitutes
All of the above
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is not a determinant of demand?
Consumer preferences
Future expectations
Technology used in production
Prices of related goods
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does an increase in the price of a complement affect the demand curve of a good?
It shifts to the right
It shifts to the left
It remains unchanged
It becomes steeper
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does a movement along the demand curve indicate?
A change in demand
A change in quantity demanded due to price change
A shift in the demand curve
A change in supply
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which factor would increase the demand for luxury cars?
A decrease in the income of consumers
An increase in the price of luxury cars
An increase in consumer income
An increase in the price of fuel
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