AP Macro 1.4-1.6 Quiz

What change to S & D for sugar would cause the quantity to increase but the change in price to be indeterminate?

The unique point at which the supply and demand curves intersect is called

If an increase in the price of one newspaper, The Sun, causes an increase in demand for The Mirror, then these goods are

Which of the following could cause the demand curve for Kiwis (a normal good) to shift right?

A technological advancement

Which of the following is NOT a demand shifter?

If a decrease in income leads to an increase in the demand for Hamburger Helper, then it is a

The movement from point A to point B (a change in quantity demanded) on the graph would be caused by

What will happen in the rice market if buyers are expecting higher prices in the near future?

When there is a shortage in a market,

If the wage rate of workers producing widgets decreases, then which of the following will happen?

Which of the following always results in an increase in price and an increase in quantity for a good?

All things equal, if assembly-line technology improves, then the

On a demand curve, an increase in price causes a

When the price of a good rises, the quantity supplied of the good also rises. This is

If there is an increase in the price of flour used to bake cakes, how will this affect supply and price of cakes?

If a good is "normal," then an increase in income will result in

If an increase in the price of bread causes a decrease in the demand for butter, then these goods are

At a price above 60 (60 = equilibrium price) in this market

If cows get a disease at the same time a new ad campaign increases the popularity of milk then