Quiz: Demand Curves - Price and Quantity Demanded
AQA A level economics 7136 specification
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Welcome to this quiz on demand curves and the relationship between price and quantity demanded. Test your knowledge with 10 questions!
What does a demand curve show?
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Which of the following can cause a shift in the demand curve? (Select all that apply)
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The law of demand states that as the price of a good {{blank0}}, the quantity demanded {{blank1}}.
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Match the items on the left with their correct pairs on the right
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If the price of a good falls, what happens to the quantity demanded, assuming all other factors remain constant?
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Assume the price of a good increases from £10 to £20, and the quantity demanded decreases from 100 units to 50 units. Calculate the price elasticity of demand.
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Which of the following are assumptions of the law of demand? (Select all that apply)
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Match the items on the left with their correct pairs on the right
A {{blank0}} is a graphical representation of the relationship between price and {{blank1}} demanded.
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