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Demand Quiz

Authored by Ryan Lee

Social Studies

12th Grade

Used 62+ times

Demand Quiz
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18 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which determinant best fits the following scenario? The price of plywood is expected to increase next week. Graph demand for plywood today.

Price of Related Goods

Consumer Expectations

Number of Consumers

Price Change -or- Change in Quantity Demanded

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which determinant best fits the following scenario? Students create a Tik Tok advertising campaign to promote the P3 store. Graph the demand for merchandise at the P3 store.

Price of Related Goods

Consumer Expectations

Number of Consumers

Consumer Tastes & Preferences

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which determinant best fits the following scenario? News reports state that butter is bad for your health. Graph the demand for butter.

Consumer Income

Consumer Tastes & Preferences

Number of Consumers

Price Change -or- Change in Quantity Demanded

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which determinant best fits the following scenario? The price of dairy milk increases. Graph the demand for almond milk.

Consumer Income

Price of Related Goods

Consumer Expectations

Price Change -or- Change in Quantity Demanded

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which determinant best fits the following scenario? Fast food workers quit their jobs to go back to school (with no pay). Graph the demand for bologna sandwiches.

Consumer Income

Price of Related Goods

Consumer Expectations

Number of Consumers

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which determinant best fits the following scenario? School is out for the Summer. Graph the demand for merchandise at Northside's P3 store during the Summer.

Consumer Tastes & Preferences

Price of Related Goods

Consumer Expectations

Number of Consumers

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which determinant best fits the following scenario? The price of donuts increases. Graph the demand for donuts.

Consumer Tastes & Preferences

Price of Related Goods

Consumer Expectations

Price Change -or-

Change in Quantity Demanded

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