logo
menu
Sign up
  1. Topics
  2. Business
  3. Macroeconomics Study Set 48
  4. Quiz 3: Supply and Demand

An Announcement That Smoking Will Harm Your Ability to Think

Question 29
Multiple Choice

An announcement that smoking will harm your ability to think clearly will MOST likely result in: A) an increase in the quantity of cigarettes demanded. B) a decrease in the demand for cigarettes. C) no change in smoking habits. D) an increase in the price of cigarettes.

Related questions
Q 30
If steak and potatoes are complements, when the price of steak goes up, the demand curve for potatoes: A) shifts to the right. B) shifts to the left. C) stays the same. D) shifts to the right and then moves back.
Q 31
If chicken and beef are substitutes, then a fall in the price of chicken will bring about: A) an increase in the demand for beef. B) a decrease in the demand for beef. C) an increase in the quantity demanded of beef. D) no change in the demand for beef.
Q 32
For most goods, purchases tend to rise with increases in buyers' incomes and to fall with decreases in buyers' incomes. Such goods are known as: A) inferior. B) direct. C) normal. D) indirect.
logo
QuizPlus
  • About
  • How it work
  • Pricing
Links
  • Privacy Policy
  • Terms And Conditions
  • Refund Policy
Contact Us
  • info@quizplus.com
© 2020 QuizPlus. All Right Reserved