It is true that no one finds it super exciting for a test unless they feel a hundred percent sure of their understanding capabilities. Are you an NCA student? With the economics test just around the corner it is important to get adequate revision before you take it. Take up the quiz below on chapter two and see if you understood it.
They weill shift to the right
They will remain unchanged
They will shift to the left
They will shift to the right and then to the left
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It will shift to the right
It will remain unchanged
It will shift to the left
It will shift to the right and then to the left
Rate this question:
They weill shift to the right
They will remain unchanged
They will shift to the left
They will shift to the right and then to the left
Rate this question:
It will shift to the right
It will remain unchanged
It will shift to the left
It will shift to the right and then to the left
Rate this question:
It will shift to the right
It will remain unchanged
It will shift to the left
It will shitf to the right and then to the left
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Supply
Quality
Advertisement
Price
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Complementary goods
Inferior goods
Normal goods
Substitute goods
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Common sense
The government
Prices
Supply level
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Shift left, then shift right
Shift right, then shift left
Shift back and forth
Remain stable
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15 utils
25utils
40utils
50utils
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Jelly
An inexpensive brand of butter
Margarine
Milk
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A rise in people's income
A rise in the cost of serving spoons
A rise in preference for microwave cookware
The expectation of a rise in the future price of stainless steel
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Father of the Austrin school of economics
Champion of the market price system
Principle of diminishing marginal utility
Law of demand
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Flattop haircut
Gourmet ice cube
Peanut bitter and jelly sandwich
Pet rock
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It is easier to read.
It is more accurate
It displays more information
It is more scientific
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The incomes of consumers rise
The price of complementary goods rises
The good becomes more popular
The customers expect the good's price to decrease in the future
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It shifts right
It shifts left
It shifts up.
It shifts down.
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Transmitting information
Providing incentives
Increasing utility
Redistibuting income
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It shifts right
It shifts left
It shifts up.
It sifts down.
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Increased production of cocoa
Increased manifacture of chocolate
Increased orders for chocolate
Increased purchases of chocolate
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