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Supply and demand

Quiz by Alessandra Spitzley

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Q 1/2
Score 0
In a market, what happens to the quantity supplied of a good when its price increases, assuming demand remains constant?
29
It becomes zero
It decreases
It increases
It stays the same

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2 questions

Show answers

Q1
In a market, what happens to the quantity supplied of a good when its price increases, assuming demand remains constant?
It becomes zero
It decreases
It increases
It stays the same
30s
Q2
What effect does a decrease in consumer income typically have on the demand for inferior goods?
It becomes zero
It stays the same
It increases
It decreases
30s

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