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demand revision1

Authored by carey zhu

Other

11th Grade

Used 2+ times

demand revision1
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

what is measured on the vertical axis of a demand diagram ?

cost

price

quantity demanded

wants

2.

FILL IN THE BLANK QUESTION

1 min • 1 pt

what happens to people's willingness and ability to buy a product when its price falls?

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An increase in demand is represented by ?

A movement down the demand curve

A movement up the demand curve

A shift to the left of the demand curve

A shift to the right to the demand curve

4.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Demand means the_ and_ to buy the product

5.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Market demand is the _demand of a product

6.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Change in a product's price will cause a _ along the demand curve.

7.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Non-price factor will cause _ of demand curve

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