Change in Demand
Authored by John Robinson
Social Studies
12th Grade
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15 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What effect does an increase in Homeowners' Association fees have on the demand for homes?
Demand increases
Demand decreases
Demand remains unchanged
Demand becomes unpredictable
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following will cause an increase in demand for snowboards?
More costly production methods
A decrease in the price of lift tickets at resorts in Colorado
A decrease in consumer income
A decrease in the population
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Americans revive their love of SUV’s and the newly remodeled, but still “gas guzzling” Hummer. What happens to the market for gasoline?
Demand for gasoline will decrease
Demand for gasoline will increase
Demand for gasoline will stay the same
Demand for insurance agents will decrease
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Due to a disappointing economy, Americans are cutting back on the family vacation road trips. What happens to the market for gasoline?
Demand for gasoline will decrease
Demand for gasoline will increase
Demand for gasoline will stay the same
The demand for airline tickets will increase
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
If the price of printers goes down, what happens in the market for ink cartridges?
Supply increases.
Supply decreases.
Demand increases.
Demand decreases
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The price of airline tickets goes up. The demand for train tickets will change. Which determinant causes this change?
Income Changes
Tastes & Preferences
Substitute Good Price Change
Change in Price
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The graph represents which concept of demand
Change in Price
Decrease in Demand
Change in Quantity Demand (Slide)
Change in Demand (Shift)
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