Economics chapter 4
Quiz
•
Social Studies
•
12th Grade
•
Medium
IDA JANIS
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29 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
graphically shows the data from a demand schedule
Demand Schedule
Market Demand Schedule
Law of Demand
Demand
Demand Curve
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
graphically shows the data from a market demand schedule
Demand Schedule
Market Demand Schedule
Law of Demand
Demand
Market Demand Curve
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
is a listing of how much of an item all consumers are willing to purchase at each price
Demand Schedule
Market Demand Schedule
Law of Demand
Demand
Market Demand Curve
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
states that when prices go down, quantity demanded increases.
When prices go up, quantity demanded decreases.
Demand Schedule
Market Demand Schedule
Law of Demand
Demand
Market Demand Curve
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
is the willingness to buy a good or service and the ability to pay for it
Demand Schedule
Market Demand Schedule
Law of Demand
Demand
Market Demand Curve
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Which of the following would lead to the highest prices?
High Supply
High Demand
Low Demand
7.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
In general, if the price of a good or service goes up, what happens to the demand for that good or service?
demand goes up
demand stays the same
demand goes down
none of the above
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