• Card 3 / 47: If it is observed that, in a particular market, price has risen and quantity exchanged has increased, it is likely that:
    A) supply has increased.
    B) supply has decreased.
    C) demand has increased.
    D) demand has decreased.

    Answer:
    C) demand has increased.

  • Keyboard Shortcuts

    Previous Card ← Previous Card Button
    Next Card → Next Card Button
    Flip Card Space-Bar
<< First < Previous Next > Last >>

Get Jobilize Job Search Mobile App in your pocket Now!

Get it on Google Play Download on the App Store Now
Hide Choices Interactive Question Test Home Page
https://www.jobilize.com/microeconomics-practice-multiple-choice-questions-mcq-test-by-prof

Microeconomics Practice MCQ

Author:

Access: Public Instant Grading

Attribution:  Levy, Frank. 11.203 Microeconomics, Fall 2010. (MIT OpenCourseWare: Massachusetts Institute of Technology), http://ocw.mit.edu/courses/urban-studies-and-planning/11-203-microeconomics-fall-2010 (Accessed 13 Mar, 2014). License: Creative Commons BY-NC-SA
Flash Cards plugin by Curtis Blackwell github.com/curtisblackwell/flash_cards
Google Play and the Google Play logo are trademarks of Google Inc.
Ask
Madison Christian
Start Test
Megan Earhart
Start Quiz
Anonymous User
Start Quiz
Hope Percle
Start Quiz
JavaChamp Team
Start Quiz
Copy and paste the following HTML code into your website or blog.
<iframe src="https://www.jobilize.com/embed/microeconomics-practice-multiple-choice-questions-mcq-test-by-prof" width="600" height="600" frameborder="0" marginwidth="0" marginheight="0" scrolling="yes" style="border:1px solid #CCC; border-width:1px 1px 0; margin-bottom:5px" allowfullscreen webkitallowfullscreen mozallowfullscreen> </iframe>