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AP Macroeconomics Unit 1 Pt 3 Demand

Quiz by Mark Stegall

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10 questions
Show answers
  • Q1
    The law of demand states that other things remaining the same, if the price of a good rises, the quanity demanded of that good increases.
    false
    true
    True or False
    30s
  • Q2
    If the quantity of ice cream demanded at each price increases, there is a movement along the demand curve fo ice cream.
    false
    true
    True or False
    30s
  • Q3
    Teenagers demand more soda than other age groups. If the number of teenagers increases, everything else remaining the same,
    market demand for soda increases
    market demand for soda does not change
    market demand for soda decreases
    there is a movement along the market deman curve for soda
    30s
  • Q4
    One reason the demand for laptop computers might increase is a
    poor quality performance record for laptop computers
    fall in the price of a laptop computers
    a decrease in income if laptops are a normal good
    a change in preferences as laptops have become more portable, with faster processors and larger hard drives
    30s
  • Q5
    The number of buyers of sport utility vehicles, SUVs, decreases sharply. So the
    demand curve for SUVs shifts leftward
    demand curve for SUVs does not shift but there is a movement downward along it.
    demand curve for SUVs shifts rightward
    demand curve for SUVs does not shift nor is there a movement along the demand curve
    30s
  • Q6
    The shift of the demand curve for pizza illustrated in Figure 4.3 could be the result of
    Question Image
    a fall in the price of fried chicken, a substitute for pizza
    the belief that pizza will fall in price next month
    a rise in income if pizza is a normal good
    consumers coming to believe that pizza is unhealthy
    30s
  • Q7
    The shift of the demand curve for pizza illustrated in Figure 4.3 could be the result of
    Question Image
    a fall in the price of a pizza
    a decrease in the number of college students if college students eat more pizza than other groups
    a rise in the price of a pizza
    a fall in the price of soda, a complement for pizza
    30s
  • Q8
    When moving along a demand curve which of the following changes?
    the prices of other goods
    the price of the good
    the consumers' preferences
    the consumers' incomes
    30s
  • Q9
    Pizza and tacos are substitutes and the price of a pizza increases. Whic of the following correctly indicates what happens?
    the demand for both goods decreases
    the demand for each decreases because both are noral goods
    The quantity of pizza demanded decreases and the demand for tacos increases
    The demand for pizzas decreases and the demand for tacos increases
    30s
  • Q10
    When Sue's income increases, her demand for movies increases. For Sue, movies are a normal good.
    true
    false
    True or False
    30s

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