Supply and Demand

Froggy Jumps

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Game tests the students knowledge on Supply and demand

Creada por

Arianna Moore

Trinidad y Tobago

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Supply and Demand

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Froggy Jumps Supply and DemandVersión en línea Game tests the students knowledge on Supply and demand por Arianna Moore 1 The law of demand states that: a As price increases, quantity demanded increases. b As price decreases, quantity demanded decreases. c As price increases, quantity demanded decreases. 2 Which of the following is the determinant of demand: a Technology b Cost of production c Consumer income 3 An increase in consumers income will most likely: a Decrease demand for normal goods b Increase demand for normal goods c Not affect demand 4 The law of supply indicates that a Suppliers offer less at higher prices b Suppliers offer more at higher prices c Price does not affect supply 5 A change in which factor will cause a shift in the demand curve a Price of the good b Consumer taste c Market price 6 If the price of the good rises, what happens to the quantity supplied a Decreases b Increases c Stays the same 7 Which of the following will shift the demand to the right? a An increase in the price of the product b An increase in the number of households c A decrease in the price of the product 8 A movement along the demand curve is caused by: a Change in income b Change in price of the good c Change in taste 9 Inferior goods are goods for which demand a Increases when income rises b Decreases when income rises c Is unrelated to income 10 If a substitute good becomes cheaper, the demand for the original good will: a Increase b Decrease c Stay the same

Froggy Jumps

Supply and DemandVersión en línea

Game tests the students knowledge on Supply and demand

por Arianna Moore

The law of demand states that:

As price increases, quantity demanded increases.

As price decreases, quantity demanded decreases.

As price increases, quantity demanded decreases.

Which of the following is the determinant of demand:

Technology

Cost of production

Consumer income

An increase in consumers income will most likely:

Decrease demand for normal goods

Increase demand for normal goods

Not affect demand

The law of supply indicates that

Suppliers offer less at higher prices

Suppliers offer more at higher prices

Price does not affect supply

A change in which factor will cause a shift in the demand curve

Price of the good

Consumer taste

Market price

If the price of the good rises, what happens to the quantity supplied

Decreases

Increases

Stays the same

Which of the following will shift the demand to the right?

An increase in the price of the product

An increase in the number of households

A decrease in the price of the product

A movement along the demand curve is caused by:

Change in income

Change in price of the good

Change in taste

Inferior goods are goods for which demand

Increases when income rises

Decreases when income rises

Is unrelated to income

If a substitute good becomes cheaper, the demand for the original good will:

Increase

Decrease

Stay the same

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Supply and Demand

Froggy Jumps

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Creada por

Descarga la versión para jugar en papel

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Supply and DemandVersión en línea

por Arianna Moore

The law of demand states that:

Which of the following is the determinant of demand:

An increase in consumers income will most likely:

The law of supply indicates that

A change in which factor will cause a shift in the demand curve

If the price of the good rises, what happens to the quantity supplied

Which of the following will shift the demand to the right?

A movement along the demand curve is caused by:

Inferior goods are goods for which demand

If a substitute good becomes cheaper, the demand for the original good will:

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