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WorksheetsThe Market Forces of Supply and Demand
Total questions: 10
Worksheet time: 8mins
All of the following will result in a shift in a demand curve except:
A change in the income of buyers
A change in the supply of a good
A change in expected future prices
A change in the price of related goods
A change in buyers' preferences
According to the law of demand, what happens when the price of a robotic sandwich stuffer decreases?
The supply of robotic sandwich stuffers decreases
The demand for robotic sandwich stuffers decreases
The quantity demanded of robotic sandwich stuffers increases
The quantity supplied of robotic sandwich stuffers increases
The demand for the stuffing used by sandwich stuffers decreases
The demand for Good X is given in the graph shown here.
Which of the following could cause the shift of demand shown here?
An increase in the number of buyers of a good
People do not like good X as much as they did before
Buyers of good X expect the price of good X to decrease in the future
An increase in income if good X is an inferior good
An increase in the price of good Y which is a complement to good X
Apabila terjadi kenaikan upah buruh pada perusahaan Garment maka,
Kurva permintaan terhadap produk tersebut bergeser ke kiri
Kurva permintaan terhadap produk tersebut bergeser ke kanan
Kurva penawaran produk tersebut akan bergeser ke kiri atas
Kurva penawaran produk tersebut akan bergeser ke kanan bawah
Permintaan dan penawaran produk perusahaan ini tidak terpengaruh
Apa yang dimaksud dengan kondisi surplus
Situasi ketika jumlah permintaan melebihi jumlah penawaran
Situasi ketika jumlah penawaran melebihi jumlah permintaan
Situasi ketika jumlah permintaan sama dengan jumlah penawaran
Situasi ketika jumlah permintaan tidak berubah
Situasi ketika jumlah penawaran tidak berubah
According to the law of supply, what happens when the price of a good increases?
The supply curve flattens out
The supply curve shifts to the right
People are willing to buy what is supplied
The quantity supplied increases
The supply curve shifts to the left
Penny thinks that the price of books will decrease next week.
If everything else is equal, which of the following would reflect how Penny's behavior will change in response to her expectations?
Penny will move to a new, lower quantity along her demand curve
Penny's demand for books today will increase
Penny will demand more complementary goods to books
Penny's demand for books today will decrease
Penny will move to a new, higher quantity on her demand curve
In which of the following scenarios would we definitely know that price will increase but we'd be unable to determine how quantity changes?
D ↑ and S no change
D ↓ and S ↑
D ↑ and S ↓
D ↑ and S ↑
D ↓ and S ↓
Economists have observed that when average incomes increase, purchases of fast food tends to decline.
Based on this information, what can we definitely say about fast food?
Demand for fast food is upward sloping
Fast food has no substitutes
The price of a complement to fast food has risen
Fast food is an inferior good
Fast food is a normal good
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