10th Grade Market Equilibrium Price Quizzes , Questions & Answers

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Shift in Demand and New Equilibrium Price Quiz

This quiz tests your understanding of how shifts in demand affect market equilibrium price and quantity. Learn to analyze real-world scenarios where consumer preferences, income, or external factors change the demand curve,...

Questions: 15 | Attempts: 12 | Last updated: Apr 22, 2026

Sample Question 1
What happens to equilibrium price when demand increases while supply stays constant?

Price increases

Price decreases

Price remains the same

Price becomes zero

Sample Question 2
If consumers' incomes rise and the good is normal, how does demand shift?

Demand shifts left

Demand shifts right

Demand curve becomes vertical

Demand does not shift

Sample Question 3
True or False: A shift in demand always results in a new equilibrium price.

True

False

10th Grade Market Equilibrium Price Quizzes , Questions & Answers

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