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Cambridge IGCSE Economics Quiz

Froggy Jumps

Played 1 %Accuracy 80 Average time 01:19

About this activity

Mid-level economics practice

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Bangladesh

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Cambridge IGCSE Economics Quiz
 

Froggy Jumps

Cambridge IGCSE Economics QuizOnline version

Mid-level economics practice

by Nooria
1

What does demand show in economics?

2

Which factor typically shifts the demand curve to the right?

3

What causes the supply curve to shift left?

4

Equilibrium price is found where:

5

What is price elasticity of demand (PED)?

6

If PED > 1, demand is:

7

If a product has high PED, a price increase will:

8

Price elasticity of supply (PES) measures:

9

Which factor affects PES?

10

A unit elastic demand has PED equal to:

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