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Market Dynamics Quiz

Difficulty Level :
10 Questions

Popular Questions In Market Dynamics Quiz

Demand means:

Supply means:

When price rises, demand:

When price rises, supply:

Meeting point of demand & supply:

What is the effect on price when demand rises but supply stays constant?

What causes the demand curve to shift?

Which factor most commonly affects supply?

A decrease in supply with constant demand leads to:

Demand for luxury goods usually increases when: