A. Changing in quantity demanded
B. Increase in demand
C. Decrease in quantity demanded
D. None
Related Mcqs:
- The intersection of the supply curve and demand curve indicates ?
A. Market equilibrium
B. Market demand
C. Market condition
D. None - The demand schedule or the demand curve of all buyers of a good or service is called____________________?
A. Market demand
B. Total demand
C. Both
D. None - An individuals demand curve is down sloping because_____________________?
A. Price and quantity demanded are inversely related
B. P & D are directly related
C. There is no relation bet P & D
D. None - A demand curve shifts because of change is_____________________?
A. Consumer tastes
B. Number of buyers in market
C. Incomes
D. All of these - Excess utility over price derived by the consumers because of negative sloping demand curve ?
A. Producer surplus
B. Consumer surplus
C. Marginal utility
D. Demand surplus - Increases in the price level resulting from an excess of demand over output at the existing price level, caused by an increase in aggregate demand ?
A. Demand pull inflation
B. Stagflation
C. Both
D. None - Production possibility curve is always concave because ?
A. The curve gets steeper as we move downward
B. The marginal benefit decreases as more of a good is consumed
C. In reflects the law of increasing opportunity cost
D. Resources are scarce - Any point inside the production possibility curve represents ?
A. Unemployment
B. Failure to achieve productive efficiency
C. Both A. and B.
D. None of these - A supply curve shifts because of change in_____________________?
A. The price of the related products
B. Technology
C. Both a and b
D. None of these - A curve showing the distribution of income in an economy___________________?
A. Lorenz curve
B. Indifference curve
C. Income budget line
D. Investment damage curve
