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Demand Determinants Quiz

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Demand Determinants Quiz

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True or false: test your understanding of demand factors.

Created by

Montex
Montex
Canada

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Demand Determinants Quiz
 

Demand Determinants QuizOnline version

True or false: test your understanding of demand factors.

by Montex
1

Complements cause demand for B to move in the same direction when price of A changes.

2

Higher incomes cause demand to rise.

3

Advertising increases demand, ceteris paribus.

4

The price of one good changing does not affect demand for any other good.

5

A change in population has no effect on demand.

6

If interest rates rise, demand increases.

7

A change in price causes a movement along the demand curve, not a shift.

8

Increases in population cause demand to increase.

9

The demand curve never shifts due to tastes and fashions.

10

Determinants of demand cause shifts in the demand curve.

 
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