Chapter 1. My Basic Activity

1.1 econtutorial: Supply and Demand

_activity_instructions: After you've completed the tutorial, click the button below to answer questions about what you've learned. _quiz_title: Tutorial Comprehension Quiz _enable_quiz_time: 300000 _quiz_premature_warning: You must watch the entire tutorial before you can take the quiz.
My Basic Activity
After you've completed the tutorial, click the button below to answer questions about what you've learned.
Tutorial Comprehension Quiz

Questions

Question

According to the law of demand, when the price of a product decreases, the quantity demanded ________ .

A.
B.
C.

Question

If demand increases and supply remains constant, the equilibrium price will _______ .

Question

FB: The demand curve for a normal good will shift to the if there is a decrease in income and to the if there is an increase in income.