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Demand Curve Shifts Grade 10

Authored by Nala R

Other

10th Grade

Used 1+ times

Demand Curve Shifts Grade 10
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15 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which of the following scenarios is likely to shift the demand curve for smartphones to the right?

A. A decrease in the price of smartphones.

B. A decrease in the price of mobile apps (a complementary good).

C. An increase in the price of laptops (a substitute good).

D. A decrease in consumers’ income for a normal good.

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

If the price of e-books (a substitute for printed books) drops significantly, how would this impact the demand for printed books?

A. The demand curve for printed books would shift to the left.

B. The demand for printed books would increase.

C. The demand curve for printed books would shift to the right.

D. The demand for printed books would remain the same.

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

How will an anticipated increase in future income affect the current demand for luxury goods?

A. The demand curve will shift left as people save more.

B. The demand curve will remain unchanged until the income increase occurs.

C. The demand curve will shift to the right as consumers buy more now in anticipation.

D. Demand will decrease for luxury goods.

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

If the number of consumers in a market decreases significantly, what happens to the demand curve for a normal good?

A. It shifts to the left.

B. It shifts to the right.

C. It becomes vertical.

D. It remains unchanged.

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

An increase in the price of a complementary good (e.g., car fuel for cars) would likely cause which of the following for car demand?

A. Shift in car demand curve to the left.

B. Shift in car demand curve to the right.

C. No shift in the car demand curve.

D. Movement along the car demand curve.

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

How would a significant improvement in technology that lowers the price of a substitute good affect the demand for an existing good?

A. Increased demand for the existing good.

B. Shift the demand curve for the existing good to the left.

C. Shift the demand curve for the existing good to the right.

D. No change in the demand for the existing good.

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

If a country’s population is expected to grow rapidly in the next five years, how will this likely impact the demand curve for housing?

A. Shift to the left.

B. No change.

C. Shift to the right.

D. Movement along the curve.

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