Demand
This is to help people improve their knowledge on demand.
- Created by: Sam Milliken
- Created on: 03-10-10 11:16
Other questions in this quiz
2. What determines effective Demand?
- Taste/Fashion
- Complementary Products
- Population
- All of the above
- 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?
- Seasonal Change
- All of the above
- Quality
- Economic conditions (recession)
- Competitor activity
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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