Demand Concepts Challenge

Froggy Jumps

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Test your grasp of demand concepts.

Créé par

Dr. Sonam Sharma

India

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Froggy Jumps Demand Concepts ChallengeVersion en ligne Test your grasp of demand concepts. par Dr. Sonam Sharma 1 What does the law of demand state? a Demand increases with price. b As price rises, quantity demanded rises. c As price falls, quantity demanded rises. 2 Name key determinants of demand. a Income, related goods' prices, tastes, expectations, buyers. b Price of the good only. c Production costs, technology, taxes. 3 What causes a movement along the demand curve? a A shift in the demand curve. b A change in income. c A change in the good's own price. 4 Define a demand schedule. a A graph of supply curves. b A list of production costs. c A table of price-quantity demanded pairs. 5 Name an exception to the law of demand. a Normal good. b Income effect only. c Giffen good. 6 What causes a shift in the demand curve? a A non-price determinant changes. b Quantity supplied changes. c A change in price. 7 What does a demand schedule show? a Quantity demanded at each price. b Prices at each quantity. c Quantity supplied at each price. 8 Which factor increases demand if population grows? a Number of buyers. b Technology level. c Prices of inputs. 9 What happens when the price falls, ceteris paribus? a There is a shift of the demand curve. b There is a movement along the demand curve. c Demand becomes perfectly inelastic. 10 If a substitute's price falls, what happens to the other good's demand? a Demand for the other good increases. b Demand for the other good decreases. c No change in demand.

Froggy Jumps

Demand Concepts ChallengeVersion en ligne

Test your grasp of demand concepts.

par Dr. Sonam Sharma

What does the law of demand state?

Demand increases with price.

As price rises, quantity demanded rises.

As price falls, quantity demanded rises.

Name key determinants of demand.

Income, related goods' prices, tastes, expectations, buyers.

Price of the good only.

Production costs, technology, taxes.

What causes a movement along the demand curve?

A shift in the demand curve.

A change in income.

A change in the good's own price.

Define a demand schedule.

A graph of supply curves.

A list of production costs.

A table of price-quantity demanded pairs.

Name an exception to the law of demand.

Normal good.

Income effect only.

Giffen good.

What causes a shift in the demand curve?

A non-price determinant changes.

Quantity supplied changes.

A change in price.

What does a demand schedule show?

Quantity demanded at each price.

Prices at each quantity.

Quantity supplied at each price.

Which factor increases demand if population grows?

Number of buyers.

Technology level.

Prices of inputs.

What happens when the price falls, ceteris paribus?

There is a shift of the demand curve.

There is a movement along the demand curve.

Demand becomes perfectly inelastic.

If a substitute's price falls, what happens to the other good's demand?

Demand for the other good increases.

Demand for the other good decreases.

No change in demand.

Vous pouvez intégrer le jeu dans un LMS compatible avec LTI 1.1 ou LTI 1.3 comme Canvas, Moodle ou Blackboard. Les scores seront ainsi automatiquement enregistrés dans le carnet de notes de la plateforme.

Demand Concepts Challenge

Froggy Jumps

À propos de cette activité

Créé par

Téléchargez la version pour jouer sur papier

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Demand Concepts ChallengeVersion en ligne

par Dr. Sonam Sharma

What does the law of demand state?

Name key determinants of demand.

What causes a movement along the demand curve?

Define a demand schedule.

Name an exception to the law of demand.

What causes a shift in the demand curve?

What does a demand schedule show?

Which factor increases demand if population grows?

What happens when the price falls, ceteris paribus?

If a substitute's price falls, what happens to the other good's demand?

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