Question 11 mark
Which would cause a movement along the demand curve for cinema tickets?
Question 21 mark
Games consoles and games are complements. The price of consoles falls. What happens to the demand curve for games?
Question 31 mark
Bus travel is an inferior good. Incomes rise. What happens?
Question 41 mark
Why does the demand curve usually slope downwards?
Question 51 mark
Tea and coffee are substitutes. A frost destroys much of the coffee crop and the price of coffee rises. What happens in the market for tea?
Question 61 mark
Demand for a snack is P=20−0.5Q. Buyers now want 10 more units at every price. What is the new demand equation?
Question 71 mark
Which change would shift the demand curve for electric cars to the right?
Question 81 mark
A student writes: 'The price of trainers rose, so demand fell and the demand curve shifted left.' What is wrong?