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OtisamLMS
Economics

Economics · Quick practice · answer shown after each question

Demand

Question 1 of 10

Question 1 of 10

Cars and petrol are

Question 2 of 10

Question 2 of 10

A demand curve normally slopes

Question 3 of 10

Question 3 of 10

Demand for a good is Qd = 80 − 4P. At P = 5, quantity demanded is

Question 4 of 10

Question 4 of 10

An increase in consumers' income usually shifts the demand curve for a normal good

Question 5 of 10

Question 5 of 10

The law of demand states that, other things being equal,

Question 6 of 10

Question 6 of 10

A movement along the demand curve is caused by a change in

Question 7 of 10

Question 7 of 10

A change in income shifts the demand curve for a normal good

Question 8 of 10

Question 8 of 10

A fall in the price of petrol is likely to

Question 9 of 10

Question 9 of 10

Joint demand exists when goods are

Question 10 of 10

Question 10 of 10

Effective demand is

Questions written by OtisamLMS in the style of the WASSCE. They are not WAEC past questions.