What is the primary focus of the initial discussion in the video?
Demand and Supply- EconMovies #4: Indiana Jones (Reupload)

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Business
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11th Grade - University
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Hard
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The role of Indiana Jones as an economist
The basic concepts of demand and supply
The history of archaeology
The importance of maps in economics
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What happens to the demand for pet snakes when their price is very high?
Demand increases significantly
Demand remains unchanged
Demand decreases
Demand becomes unpredictable
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the relationship between price and quantity demanded, as shown by the demand curve?
Direct relationship
Exponential relationship
Inverse relationship
No relationship
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the term used when the quantity demanded equals the quantity supplied?
Inflation
Surplus
Shortage
Equilibrium
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What occurs when the price of a substitute good, like pet monkeys, decreases?
Demand for pet snakes increases
Demand for pet snakes decreases
Supply of pet snakes decreases
Supply of pet snakes increases
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does a pest control problem affect the demand for pet snakes?
Demand becomes erratic
Demand remains unchanged
Demand decreases
Demand increases
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is Indiana Jones' preferred pet according to the video?
A pet snake
A pet monkey
A pet dog
A pet camel
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