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Demand Quiz 32 (20 MCQs)

Quiz Instructions

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1. Kylie Jenner tweets, "sooo does anyone else not open Snapchat anymore? Or is it just me ..... ugh this is so sad." What happens to the market for stock in Snapchat?
2. A ..... graphically shows the data from a demand schedule. In other words, its a graph that shows how much of a good or service an individual will buy at each price.
3. High levels of mercury found in canned tuna. Market:canned tuna
4. If the demand function is Qd = 30-2P, what is Qd if P=4?
5. All of the following are examples of complements EXCEPT
6. Computer printers and ink cartridges are complements. Therefore, the elasticity of demand for ink cartridges, with respect to the price of printers, is
7. When demand is perfectly inelastic, an increase in price will result in:
8. Who reinvented the way brides buy dresses by focusing on meeting the demand of a new style of dress
9. The amount of money a company receives by selling goods or services
10. The change in consumption that results from increased purchasing power of your income is the
11. Price affects .....
12. If farmers stopped growing potatoes because it was too hard, this would cause the ..... curve for Grippo's to shift .....
13. According to the law of demand
14. When summer comes, people begin purchasing bathing suits in large numbers. What causes this change?
15. When quantity supplied exceeds quantity demanded.
16. Consumers' willingness to replace a costly item with a less costly item is an example of
17. ..... refers to how many people wish to buy that good or service.
18. If demand is inelastic, a change in the price:
19. A new study has shown that avocados are extremely healthy. The demand for avocados has increased due to a change in
20. A change in what factor creates movement along the demand curve?
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