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Demand and Supply Quiz

Answer these simple questions correctly and earn coins

Difficulty Level :
10 Questions

Popular Questions In Demand and Supply Quiz

  • Demand refers to:

  • The Law of Demand states that, other things remaining constant:

  • Which of the following is a determinant of demand?

  • Supply refers to:

  • The Law of Supply states that, other things being equal:

  • When demand exceeds supply, it leads to:

  • The point where demand and supply curves intersect is called:

  • An increase in consumer income usually causes the demand curve to:

  • Which of the following can shift the supply curve?

  • If the price of tea rises, and people start buying more coffee instead, this is an example of: