VCE Eco Unit 1 - Demand, Supply & Market Structures
Authored by Alastair Ingram
Social Studies
11th Grade
Used 19+ times
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30 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Non Price Factor (NPF) - Increase in personal tax rates. What curve is impacted in the TV market and how?
Demand Left
Demand Right
Supply Left
Supply Right
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
NPF - Consumer Confidence bounces back strongly. What curve is impacted in the TV market and how?
Demand Left
Demand Right
Supply Left
Supply Right
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
NPF -The Aust Gov't reintroduces the Baby Bonus. What curve is impacted in the pram market and how?
Demand Left
Demand Right
Supply Left
Supply Right
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
NPF - The gov't cuts tariffs on at-home espresso machines. What curve is impacted in the takeaway coffee market and how?
Demand Left
Demand Right
Supply Left
Supply Right
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
NPF - The gov't cuts tariffs on Italian espresso machines. What curve is impacted in the cafe market and how?
Demand Left
Demand Right
Supply Left
Supply Right
6.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
NPF - A cyclone wrecks the Great Barrier Reef. What curve is impacted in the Queensland tourism market and how?
Demand Left
Demand Right
Supply Left
Supply Right
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
NPF - AI developed to mimic teachers. What curve is impacted in the education labour market and how?
Demand Left
Demand Right
Supply Left
Supply Right
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