Other questions in this quiz

2. What determines effective Demand?

  • Taste/Fashion
  • All of the above
  • Complementary Products
  • Population
  • Price

3. A shift right on the Demand graph shows...

  • A increase
  • A decrease
  • Both an increase, and decrease.

4. What causes shifts in the demand curve?

  • All of the above
  • Seasonal Change
  • Competitor activity
  • Economic conditions (recession)
  • Quality

5. Inferior goods are...

  • demanded less as income rises, and more as income falls.
  • demanded more as income rises, and less as income falls.

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jordy

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this is awesome

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