Demand and Supply ChallengeOnline version Test your knowledge on demand and supply concepts with this fun quiz! by AZLINA BINTI AHAMAT KPM-Guru 1 Situasi Pasaran : Harga ayam pada bulan Januari ialah RM 10.00 sekilogram. Soalan :Pada bulan Julai(sekarang), harga ayam meningkat dari RM 10 ke RM 15. Apakah keadaan permintaan ayam? a Kuantiti diminta berkurang b Kuantiti diminta bertambah c Kuantiti diminta tidak berubah d Kuantiti ditawarkan bertambah 2 Situasi Pasaran : Harga minyak petrol seliter menurun dari RM 2.05 kepada RM 2.00. Soalan :Apakah keadaan permintaan kereta ? a Kuantiti diminta bertambah b Kuantiti diminta berkurang c Kuantiti diminta tidak berubah d A change in demand due to factors other than price. 3 What causes a rightward shift in the supply curve? a An increase in production costs. b An increase in production efficiency. c A rise in consumer demand. d A decrease in the number of suppliers. 4 What is a price ceiling? a A minimum price set by the government. b The price at which all goods are sold. c The average market price. d A maximum price set by the government. 5 What does a leftward shift in the demand curve indicate? a A decrease in demand at all price levels. b An increase in supply. c A rise in the price of substitutes. d An increase in consumer income. 6 What is the effect of a surplus in the market? a Prices tend to fall to reach equilibrium. b Supply decreases drastically. c Demand increases significantly. d Prices tend to rise to reach equilibrium. 7 What is the concept of elasticity in demand? a The total quantity of goods available. b The fixed nature of consumer preferences. c The stability of demand regardless of price. d The responsiveness of quantity demanded to price changes. 8 What happens when demand increases while supply remains constant? a Demand will decrease. b Supply will increase. c Prices will rise. d Prices will fall. 9 What is a normal good? a A good that is always in demand. b A good for which demand increases as income increases. c A good with fixed demand regardless of income. d A good that is considered inferior.
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