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Supply and Demand Duel

Answer these simple questions correctly and earn coins

Difficulty Level :
10 Questions

Popular Questions In Supply and Demand Duel

  • Demand for factors of production is

  • The producer's demand for a factor of production is governed by the ____ of the factor.

  • Number of times a unit of money changes hands in the course of a year is called

  • Normally a demand curve will have the shape

  • What is the relationship between price and quantity supplied?

  • What effect does a decrease in the price of a substitute good have on demand?

  • If the government imposes a price ceiling on a good, what is likely to occur?

  • Law of demand shows relation between

  • A mixed economy is characterized by the co-existence of

  • If the interest rate goes up, the demand for money will ____