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Change in Demand

Authored by John Robinson

Social Studies

12th Grade

Change in Demand
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15 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

If the demand for a good increases when people's incomes increase,

the good is an inferior good

the law of demand is violated

the good's demand curve shifts to the left

the good is a normal good

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

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Consider the market for cellular phones. Which of the following shifts the demand curve to the left?

studies showing using cellular phones can cause brain cancer

a decrease in the price of cellular phones

a decrease in the quantity demanded of cellular phones

an increase in the services provided by cellular phones, such as text messaging

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

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The price of coffee increases and people switch to drinking tea. The determinant of demand is

Income

Price of Related Goods (Complements)

Consumer Preferences/Tastes

Price of Related Goods (Substitutes)

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

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Identify which determinant of demand (Shifter) is involved: Kohl's Black Friday sales are approaching.

Population

Complementary goods

Consumer expectations

Consumer tastes or preferences

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

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When the price of hot dogs decreases and the demand for hot dog buns increases, this explains the demand of

Complementary goods

Capital Goods

Substitute Goods

Consumer Goods

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

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Goods for which demand goes down as income goes up are better known as

Inferior Goods

Normal Goods

Public Goods

Private Goods

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

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A new study has shown that avocados are extremely healthy. The demand for avocados has increased due to a change in

Population

Price of Substitute Good

Price of Complementary Good

Consumer Preferences/Tastes

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