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by BlastRoom
Explore how price changes affect quantity demanded and why demand curves slope downward.
#us_hs_economics
25 questions
One question set, multiple game modes. Tap any game to see it in action. Not sure which to pick?
Answer to place stones and capture territory.
Outrun the snow together.
Earn blasts, then hunt the other team.
Answer to earn energy, then climb.
The class blasts through walls together.
Bid on mystery lots. Most money wins.
Sell tours. Nice, standard, or a total scam.
Answer, restock, and serve the rush.
More correct answers pulls the rope your way.
Answer, then shoot down the alien wave.
Answer, then tap to leap the frozen ridge.
All else equal, when a good's price rises, consumers buy a smaller quantity. What relationship does this state?
Under the law of demand, what happens when the price of a product falls, with everything else unchanged?
A demand schedule lists a product's price beside the amount buyers want at each price. What pattern should it show under the law of demand?
Why does a typical demand curve slope downward from left to right?
In the law of demand, what must be held constant when examining the effect of a product's own price?
A store raises the price of headphones, and shoppers buy fewer headphones. This is most directly an example of what?
Coffee becomes more expensive while tea's price stays the same, so Maya buys tea instead of coffee. Which effect explains her choice?
Gas rises from $3 to $5 per gallon, and Andre's unchanged paycheck now buys fewer gallons of gas. Which effect is operating?
The price of movie tickets rises, leaving a student's allowance unchanged. The student can afford fewer tickets and fewer other purchases. What explains this response?
Pizza becomes more expensive, but sandwiches stay the same price, and customers buy more sandwiches. What happens in the market for sandwiches?
Which two effects help explain why a demand curve slopes downward?
The price of a normal good falls while a buyer's income stays the same. Why can the buyer now afford more of that good?
The price of strawberries rises, so Lena buys fewer strawberries and more grapes at the same price as before. What does this show?
A theater raises the price of a large popcorn from $6 to $9, with no other change. What happens?
A smoothie shop cuts its price from $8 to $5, and nothing else affecting buyers changes. What is the expected result?
A bookstore raises the price of a novel from $12 to $15, holding all other conditions constant. How should quantity demanded change?
At a farmers market, peaches sell for less after a price cut, while buyer tastes and incomes stay unchanged. Where is the change shown?
A gym increases its monthly membership fee, and fewer people sign up, with all other determinants unchanged. Which movement occurs?
A video game is discounted for one weekend, and nothing else about buyers changes. What happens to quantity demanded?
A bus company raises fares while riders' incomes, preferences, and alternatives do not change. What should happen to ridership?
A phone plan lowers its monthly price, and sign-ups increase with nothing else about buyers changed. What changed?
Consumers expect concert tickets to cost more next month, so they want more tickets at every current price. What changed?
The price of tofu rises, while income, tastes, and prices of related goods stay constant. What is the result for tofu buyers?
The price of printers falls. Printers and ink cartridges are used together. What happens to demand for ink cartridges?
The price of coffee rises, but consumer income, tastes, and prices of related goods remain unchanged. Which statement is accurate?
Crack the passcode before the zombies get in.
Answer, then swat bugs for bonus points.
Race through questions at your own speed.
Same question on every screen. Fastest wins.
Pick a tile, answer, hit bonuses and steals.
Shift of Demand or Movement Along the Curve?
25 questions
