AS Economics: Demand (Econ1)

Covers demand in general for Econ1.

Good Luck! <3

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  • Created by: Maddy
  • Created on: 31-03-12 14:29

1. Which of these is a factor of demand?

  • the shape of the demand curve
  • aggregate demand
  • income
  • policies
  • government intervention
1 of 9

Other questions in this quiz

2. Which of these isn't a factor of demand?

  • costs of production
  • population
  • tastes/fashion
  • price
  • people's expectations

3. The law of demand states that..

  • as the price of a good falls, less is demanded
  • as the price of a good rises, more is demanded
  • as the price of a good falls, more is demanded
  • as supply of a good falls, more is demanded
  • as income falls, more is demanded

4. A movement along the demand curve is caused by a change in...

  • supply
  • price
  • quantity of goods
  • income
  • demand

5. There is an inverse relationship between price and quantity demanded.

  • True
  • False

Comments

Adam Rust

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thought number 4 was supply :s

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