Economics 4.2 Change in Demand
Authored by Justin Beyersdorfer
Social Studies
9th - 12th Grade
Used 1+ times
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67 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why would McDonald’s go to the trouble and expense of redesigning its restaurants? The company realizes that __________ is changing.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This means the company has to change too, or it risks losing business to __________ that better meet customer demand.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Such changes in demand have an effect on both the __________ and the demand curve.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When it comes to demand, there are __________ types of changes.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When the price of a product changes while all other factors remain the same, we have a change in the __________ demanded.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Sometimes other factors change while the price remains the same—similar to the change in __________ in our news story.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When this happens, we see a __________ in demand.
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