
Determinant of Demand
Authored by John Robinson
Social Studies
12th Grade

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15 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The desire to have some good or service and the ability to pay for it
supply
equilibrium
demand
quantity demanded
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A decrease in the average incomes of consumers will result in which of the following?
A decrease in the demand for goods and services
An increase in the demand for goods and services
A decrease in the supply of goods and services
An increase in the supply of goods and services
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which factor causes the demand curve to shift in the following situation: Bobby graduated from college and got a good job, so he decided to buy a new 2016 Passat.
income
population
consumer tastes & advertising
prices of related goods
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following is a determinant of demand?
Price of the good
Consumer income
Technology
Government policy
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What happens to the demand for a normal good when consumer income increases?
It decreases
It increases
It remains unchanged
It fluctuates
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
How does a change in consumer preferences affect demand?
It shifts the demand curve
It moves along the demand curve
It does not affect demand
It changes the supply curve
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following is NOT a determinant of demand?
Consumer tastes
Number of buyers
Production cost
Expectations of future prices
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