2.3 Econ Formative Assessment

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LT 2.3: I can identify and graphically illustrate the factors that lead to shifts in demand. (Econ Alive! Chapter 5.3)

MUST SCORE 4/5 to pass this quiz. Retake as many times as needed!

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Hour 1

Hour 2

Hour 3

Hour 4

Hour 5

1. Which of the graphs below illustrates an decrease in Demand? *

1 point

Graph A

Graph B

Graph C

Graph D

2. Which of the following is the best example of a complementary good for a car? *

1 point

A truck

A taxi

Gas

A bus pass

3. Which of the following is the best example of a substitute good for beef? *

1 point

Hamburger buns

Chicken

A charcoal grill

Ketchup

4. Which of these is most likely to happen to the demand for Zubaz pants when they go out of style and are no longer popular? *

1 point

The demand curve shifts to the left.

The demand curve shifts to the right.

The demand curve doesn’t shift.

Quantity demanded increases.

5. Which of the following is most likely to happen when the price of apples increases? *

1 point

Demand for apples will decrease.

Demand for apples will increase

The Quantity demanded of apples will decrease.

The Quantity demanded of apples will increase.

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