Demand Assessment
Authored by geneice silas
Social Studies
9th - 12th Grade
Used 2+ times
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
19 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If your salary increases by 50 % and in response you increase your t-shirt purchases by 5 %, income elasticity equals______and clothing is_______.
0.1; normal good
10; inferior good
0.1; luxury good
10; luxury good
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If the elasticity of demand for a product equals 1.5, then an increase in the product price will cause total revenue to
decrease.
increase.
remain the same.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If the demand for a product is inelastic, what does this tell you about consumer behavior?
Consumers are really responsive to changes in price and significantly change the amount they buy based on prices.
Consumers are not responsive to changes in price and don't significantly change the amount they buy based on prices.
Consumers are completely unresponsive to changes in price and will buy the good no matter what.
Consumers are really responsive to changes in price but only when the price decreases.
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following has more elastic demand?
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following has more inelastic demand?
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following has more inelastic demand?
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following has more elastic demand?
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports
Continue with Google
Continue with Email
Continue with Classlink
Continue with Clever
or continue with
Microsoft
%20(1).png)
Apple
Others
Already have an account?
Similar Resources on Wayground
20 questions
9th Unit 1 Final Review
Quiz
•
9th Grade
19 questions
The Fur Trade
Quiz
•
9th Grade
20 questions
9 th May Europe Day Quiz
Quiz
•
8th - 12th Grade
15 questions
Social Science: Disciplines
Quiz
•
10th Grade
15 questions
Grade 9 - Quiz Bee (UST JHS IA)
Quiz
•
9th Grade
15 questions
Review For UCSP Midterm
Quiz
•
11th Grade
15 questions
akuntansik (akuntansi asik)
Quiz
•
12th Grade
15 questions
Social Control & Deviance (Ch. 7)
Quiz
•
9th - 12th Grade
Popular Resources on Wayground
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
29 questions
Alg. 1 Section 5.1 Coordinate Plane
Quiz
•
9th Grade
22 questions
fractions
Quiz
•
3rd Grade
11 questions
FOREST Effective communication
Lesson
•
KG
20 questions
Main Idea and Details
Quiz
•
5th Grade
20 questions
Context Clues
Quiz
•
6th Grade
Discover more resources for Social Studies
17 questions
World War 2 (World History 25-26)
Quiz
•
9th Grade
15 questions
Unit 4 FA: Charlemagne, feudalism and catholic church
Quiz
•
10th Grade
20 questions
Unit 7.5 Imperial Rebellions
Quiz
•
10th Grade
15 questions
1920s Quizizz
Quiz
•
11th Grade
33 questions
Unit #2 PFL & Eco Exam (2024 Version)
Quiz
•
11th Grade
15 questions
SBAC Practice HSS26_Vasquez
Quiz
•
9th - 12th Grade
8 questions
1990's Review
Quiz
•
11th Grade
26 questions
US History Benchmark Review
Quiz
•
11th Grade