Demand
Quiz by Rachel Murat
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13 questions
Show answers
- Q1people buy more of a good at a lower pricelaw of demand30s
- Q2Consumer desire, willingness and ability to buy productsdemand30s
- Q3when consumers react to an increase in a good's price by consuming less of that good and more of other goodssubstitution effect30s
- Q4demand goes downwhen price goes up30s
- Q5demand goes upwhen price goes down30s