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Froggy Jumps
Froggy Jumps

BUSINESS STUDIES

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BUSINESS STUDIES

Froggy Jumps

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Supply and Demand

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Kenya

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BUSINESS STUDIES
 

Froggy Jumps

BUSINESS STUDIESOnline version

Supply and Demand

by Aristaricus Andalo
1

Define financial discipline

2

State one way of gathering information about the market

3

Which one is a factor that affect demand for a product

4

What happens when demand increases but supply remains constant?

5

Which of the following would cause a shift in the demand curve?

6

If the price of a substitute good rises, what happens to demand for the original good?

7

What is the law of demand?

8

Which factor shifts the supply curve to the right?

9

When supply decreases and demand remains constant, what happens?

10

What is equilibrium price?

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