Elasticity of DemandOnline version Test your knowledge of the concept of elasticity of demand in this educational game! by sarah ayyad 1 A 15% decrease in the price of laptops leads to a 15% increase in the quantity demanded. Yes No 2 A 15% decrease in the price of laptops leads to a 20% increase in the quantity demanded. Yes No 3 The price of a luxury car increases, and the demand for it decreases. Yes No 4 When the price of smartphones decreases, fewer people are willing to buy them. Yes No 5 The price of a luxury car increases, and the demand for it increases. Yes No 6 When the price of coffee decreases, the quantity demanded increases. Yes No 7 A 10% increase in the price of cigarettes leads to a 5% decrease in the quantity demanded. Yes No 8 A 20% increase in the price of gasoline leads to a 20% decrease in the quantity demanded. Yes No 9 When the price of movie tickets increases, more people go to the cinema. Yes No 10 A 20% increase in the price of gasoline leads to a 10% decrease in the quantity demanded. Yes No 11 A 25% increase in the price of milk leads to a 25% decrease in the quantity demanded. Yes No 12 When the price of airline tickets decreases, fewer people are willing to travel by plane. Yes No 13 When the price of smartphones decreases, more people are willing to buy them. Yes No 14 When the price of video games increases, fewer people buy them. Yes No 15 When the price of airline tickets decreases, more people are willing to travel by plane. Yes No 16 When the price of video games increases, more people buy them. Yes No 17 When the price of coffee decreases, the quantity demanded decreases. Yes No 18 When the price of movie tickets increases, fewer people go to the cinema. Yes No 19 A 10% increase in the price of cigarettes leads to a 10% decrease in the quantity demanded. Yes No 20 A 25% increase in the price of milk leads to a 30% decrease in the quantity demanded. Yes No
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