Demand Curves

Demand Curves

9th - 12th Grade

23 Qs

quiz-placeholder

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Demand Curves

Demand Curves

Assessment

Quiz

Other

9th - 12th Grade

Practice Problem

Medium

CCSS
8.EE.B.5

Standards-aligned

Created by

Anna Blackall

Used 24+ times

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23 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following best describes the Law of Demand?

As price goes down, demand goes down. (and vice versa).
As price goes down, demand goes up (and vice versa).
As demand goes down, supply goes up.
As demand goes up, price becomes elastic.

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What goes on the horizontal axis (x axis) of a demand graph?

price

quantity demanded

quantity supplied

change in demand

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following would NOT cause a demand curve to shift?

a change in a consumer's income level
a change in population
a change in a consumer's expectations
a change in the price of a product.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Price goes on ________

the vertical axis
the horizontal axis
at the origin
the z axis

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The demand curve always slopes

down and to the right
straight up and down
down and to the left
up and to the right

Tags

CCSS.8.EE.B.5

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

A new study has shown that avocados are extremely healthy. The demand for avocados has increased due to a change in

market size
price of a substitute good
price of a complementary good
tastes and preferences 

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

The price of petrol/gas is expected to increase next week. Then today the demand for petrol/gas will

increase
decrease

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