Macroeconomics Australia Study Set 1

Business

Quiz 4 :

Demand and Supply

Quiz 4 :

Demand and Supply

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Car insurance and cars are complements. If the price of car insurance increases, the
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B

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The law of demand implies that, other things remaining the same,
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A

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There are five hundred buyers in the market for cheese. If we know each individual's demand curves, to find the market demand we must
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B

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Which of the following results in a movement upward along the demand curve for movies?
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A demand schedule
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The price of cotton clothing falls. As a result,
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A market is defined as
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eBay
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Consider the market for smart phones. Which of the following shifts the demand curve rightward?
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The law of demand refers to how
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Which of the following shifts the demand curve for movies leftward?
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Consumers regard Dell computers and Apple computers as substitutes. If the price of a Dell computer decreases, the
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The market demand curve for mousetraps is
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Petrol prices increase by 50 per cent and other things remain the same. As a result, there is
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A change in the demand for apples could result from any of the following EXCEPT
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The phrase 'a change in demand' most directly implies a
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The downward slope of a demand curve
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What is the 'quantity demanded'?
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The market demand curve
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Changes in which of the following factors do NOT shift the demand curve?
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