Lesson 4.1.3.1

4.1.3.1 The determinants of the demand for goods and services Quiz: AQA Economics, Unit 1

20 questions

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Lesson 4.1.3.1, The determinants of the demand for goods and services: 20 multiple choice questions for the AQA Economics (7136), Unit 1: Individuals, firms, markets and market failure, written with Revision Ninja.

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The 20 questions

  1. What relationship does a demand curve show, holding all other factors constant?

    • Price and quantity
    • Price and supply
    • Income and profit
    • Cost and output
  2. Which change will shift the demand curve for a normal good to the right?

    • Fall in income
    • Fall in price
    • Rise in income
    • Rise in price
  3. What causes a movement along a demand curve rather than a shift of the curve?

    • Change in tastes
    • Population growth
    • Change in price
    • Change in income
  4. What happens to the demand curve for coffee if the price of tea rises?

    • Shifts left
    • Moves downwards
    • Unchanged
    • Shifts right
  5. What happens to the demand curve for ink cartridges if printer prices rise?

    • Shifts left
    • Shifts right
    • Unchanged
    • Moves downwards
  6. How does a sudden increase in consumer preference for organic food affect its demand curve?

    • Shifts right
    • Moves downwards
    • Remains stationary
    • Shifts left
  7. How does an expected future price rise affect current consumer demand for a product?

    • Reduces future supply
    • Has no impact
    • Increases current demand
    • Decreases current demand
  8. What change will cause the demand curve for an inferior good to shift left?

    • Rise in income
    • Fall in income
    • Rise in price
    • Fall in price
  9. How does an increase in total population affect the market demand curve for food?

    • Causes contraction
    • Moves downwards
    • Shifts right
    • Shifts left
  10. What term describes a movement down along a demand curve caused by a price fall?

    • Increase in demand
    • Extension of demand
    • Contraction of demand
    • Shift in demand
  11. Which law helps explain why a standard demand curve slopes downwards?

    • Increasing marginal costs
    • Diminishing marginal returns
    • Diminishing marginal utility
    • Comparative advantage
  12. How does a public smoking ban affect the demand curve for cigarettes?

    • Movement down along
    • Movement up along
    • Shifts it left
    • Shifts it right
  13. What causes a movement along a demand curve rather than a shift?

    • An advertising change
    • An income change
    • A price change
    • A taste change
  14. What happens to demand for cars if the price of petrol, a complement, rises?

    • It increases
    • It decreases
    • It remains constant
    • It expands along
  15. What happens on a demand curve when the price of the good itself changes?

    • Movement along curve
    • Shift to left
    • Shift to right
    • Pivot of curve
  16. Which factor causes the demand curve for a normal good to shift to the right?

    • Lower consumer incomes
    • Higher good price
    • Higher consumer incomes
    • Lower good price
  17. If consumers expect a product's price to rise tomorrow, what happens to current demand?

    • Shifts to right
    • Moves up along
    • Shifts to left
    • Moves down along
  18. If a substitute price rises significantly while income falls slightly, how does demand for a normal good shift?

    • Shifts to right
    • Shifts to left
    • Does not shift
    • Contracts along curve
  19. Why is it important for a firm to understand non-price determinants of demand?

    • To measure elasticity
    • To forecast sales
    • To eliminate competition
    • To fix costs
  20. What does a leftward shift of a demand curve represent?

    • Increase in demand
    • Decrease in demand
    • Contraction of demand
    • Expansion of demand

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