Worksheets(3.1)Determinants of Demand
Total questions: 10
Worksheet time: 5mins
Cookies and milk -- substitute or complementary goods?
Substitute goods
Complementary goods
Corn and flour tortillas -- substitute or complementary goods?
Substitute goods
Complementary goods
Recently, 1,000 families have moved out of the Brookhaven area. As a result, what will happen to the demand for housing/apartments?
Increase
Decrease
Karine is at the grocery store and needs to buy some chicken for dinner and she notices the price is very high. As a result, what will happen to her demand for pork?
Increase
Decrease
The price of wings have recently increased. As a result, what will happen to the demand for ranch?
Increase
Decrease
There is a shortage of gasoline due to a pipeline explosion and as a result the price of gas is expected to rise next week. What will happen to the demand for gas right now?
Increase
Decrease
As Angela gets older she wants to eat less processed foods. As a result, what will happen to her demand for Lunchables?
Increase
Decrease
Wendy's recently introduced "6 for $4", an update to their previous "4 for $4" option. As a result, what will happen to the demand for food from McDonalds?
Increase
Decrease
Tania recently got a new job as an accountant and is now making over $100,000 a year. As a result, what will happen to her demand for expensive jewelry?
Increase
Decrease
The price of gasoline has been decreasing for the last year. As a result, what will happen to the demand for new cars?
Increase
Decrease
