konsep permintaan

What law states that as price decreases, demand increases?

• Law of Demand

• Market Equilibrium Principle

• Price Elasticity Theory

• Law of Supply

What is the term for the relationship between price and quantity demanded?

• Supply Curve

• Price Elasticity

• Law of Demand

• Market Equilibrium

Which factor affects demand by changing consumer preferences?

• Consumer preferences

• Advertising strategies

• Seasonal changes

• Price fluctuations

What happens to demand when consumer income increases?

• Demand decreases for all goods.

• Demand remains unchanged for normal goods.

• Demand increases for inferior goods.

• Demand increases for normal goods and decreases for inferior goods.

What is the term for goods that are purchased together?

• seasonal products

• complementary goods

• substitute goods

• luxury items

How does the price of substitutes affect demand?

• Higher substitute prices decrease demand for the original good.

• Lower substitute prices have no effect on demand.

• The price of substitutes inversely affects demand; higher substitute prices increase demand for the original good, while lower substitute prices decrease it.

• The price of substitutes has a direct effect on demand, increasing it regardless of price changes.

What is the effect of consumer expectations on demand?

• Consumer expectations can significantly increase or decrease demand based on anticipated future prices.

• Consumer expectations only affect supply, not demand.

• Higher consumer expectations always lead to lower demand.

• Consumer expectations have no impact on demand.

What type of goods see an increase in demand as income rises?

• Substitute goods

• Inferior goods

• Giffen goods

• Normal goods

What is the term for a decrease in demand due to a rise in price?

• Decrease in demand due to a rise in price

• Decrease in supply due to a rise in price

• Stable demand despite a rise in price

• Increase in demand due to a rise in price

Which factor can lead to a shift in the demand curve?

• Changes in consumer preferences or income levels

• Technological advancements in production

• Government regulations on prices

• Increase in production costs