1 / 21

Chapter 3 Practice Quiz Tutorial Market Demand

2. 1. If the demand curve for good X is downward-sloping, an increase in the price will result ina. an increase in the demand for good X.b. a decrease in the demand for good X.c. no change in the quantity demanded for good X.d. a larger quantity demanded for good X.e. a smaller quantity demanded for good X..

andrew
Télécharger la présentation

Chapter 3 Practice Quiz Tutorial Market Demand

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

    1. 1 Chapter 3 Practice Quiz Tutorial Market Demand / Supply

    2. 2 1. If the demand curve for good X is downward-sloping, an increase in the price will result in a. an increase in the demand for good X. b. a decrease in the demand for good X. c. no change in the quantity demanded for good X. d. a larger quantity demanded for good X. e. a smaller quantity demanded for good X.

    3. 3

    4. 4 3. Which of the following is the result of a decrease in the price tea, other things being equal? a. A leftward shift in the demand curve for tea. b. A downward movement along the demand curve for tea. c. A rightward shift in the demand curve for tea. d. An upward movement along the demand curve for tea.

    5. 5

    6. 6 A. With a decrease in the price of pork people will want to buy more pork; because beef and pork are substitutes, they will buy less at possible prices for beef.

    7. 7

    8. 8

    9. 9

    10. 10

    11. 11

    12. 12

    13. 13

    14. 14

    15. 15

    16. 16

    17. 17

    18. 18

    19. 19

    20. 20

    21. 21

    22. 22 END

More Related