Mic4: Change in demand vs. change in quantity demanded, demand determinants

Posljednje ažuriranje over 6 years ago

Biblioteka

Mic4: Change in demand vs. change in quantity demanded, demand determinants

Posljednje ažuriranje over 6 years ago

Pitanje 1

Which of the following from the graph above represents an increase in the quantity demanded?

A shift from D2 to D1

A shift from D1 to D2

A movement from point A to point B

A movement from point B to point A

Pitanje 2

Which of the following does NOT cause a change in demand?

Price

Price of related goods

Tastes

Income

Pitanje 3

Which of the following could cause the demand curve for hot dogs to shift from Do to D2 in the graph above?

Fewer buyers

An increase in the price of a complement (hot dog buns)

A news report that says eating too many hot dogs is bad for your health

An increase in the price of a substitute (hamburgers)

Pitanje 4

Which of the following could cause the demand curve for steak to shift from Do to D1 in the graph above?

More buyers

The expectation that steak prices will fall next week

A decrease in the price of steak sauce (a complement)

An increase in income

Pitanje 5

A shift in the demand curve from Do to D1 is an increase in demand.

Tačno

Netačno