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WorksheetsDemand Review
Total questions: 11
Worksheet time: 5mins
Name
Class
Date
1.
Salt
a)
Elastic
b)
Inelastic
2.
New Cars
a)
Elastic
b)
Inelastic
3.
Pork Chops
a)
Elastic
b)
Inelastic
4.
European Vacation
a)
Elastic
b)
Inelastic
5.
European Vacation
a)
Elastic
b)
Inelastic
6.
Insulin
a)
Elastic
b)
Inelastic
7.
Insulin at one of four different pharmacys
a)
Elastic
b)
Inelastic
8.
Gas purchased one day after a 20% price increase
a)
Elastic
b)
Inelastic
9.
Gasoline purchased one year after a 20% price increase
a)
Elastic
b)
Inelastic
10.
Peer pressure, seasons, negative reports, advertising, fashion trends; all of these might change a:
a)
Person's time to change shopping habits
b)
Person's relative importance
c)
Person's tastes
11.
Which generation has changed demand for various products during every aspect of their lives?
a)
Generation X
b)
Baby Boomers
c)
Flower children
d)
Civil War Babies
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