F.4 Economics_Book 1 Chapter 4_demand_20230421

The demand for __________ is derived from the demand for __________.

• A. sushi … rice

• B. rice … sushi

• C. fried chicken … soft drinks

• D. soft drinks … fried chicken

Bread and fruit jam are in

• A. competitive demand because both can satisfy hunger.

• B. derived demand because they are the ingredients for making toast.

• C. complementary demand because they are usually consumed together.

• D. None of the above

When the price of hamburgers increases, the demand for Coke tends to

• A. increase because they are substitutes.

• B. increase because they are complements.

• C. decrease because they are substitutes.

• D. decrease because they are complements.

Candies and chocolates are substitutes. When the price of candies decreases,

• A. the price of chocolates increases.

• B. the demand for candies increases.

• C. the demand for chocolates increases.

• D. the demand for chocolates decreases.

McDonald’s hamburgers and Burger King’s hamburgers are examples of

• A. competitive demand.

• B. joint demand.

• C. derived demand.

• D. superior goods.

In winter, the demand for swimsuits

• A. increases.

• B. decreases.

• C. remains unchanged.

• D. None of the above

Which of the following pairs is in competitive demand?

• A. Bowls and chopsticks

• B. Rubbers and pencils

• C. Textbooks and past public exam questions

• D. Whatsapp Messenger and Line Messenger

Which of the following pairs is in derived demand?

• A. Smartphones and applications

• B. Films and actors

• C. Shoes and socks

• D. Cats and dogs

After receiving a pay rise, Ming switched to eating dragon fruit instead of bananas. Which of the following statements is correct?

• A. Bananas are a normal good.

• B. Bananas are an inferior good.

• C. Bananas and apples are examples of joint demand.

• D. Bananas and apples are examples of competitive demand.