21. Most goods
22. Inferior goods are those for which demand increases as
23. Good A and good B are substitutes in production. The demand for good A decreases, which lowersthe price of good A. The decrease in the price of good A
24. An increase in the number of fast-food restaurants
25. A normal good is a good for which demand
26. An inferior good is a good for which demand
27. The law of demand states that the quantity of a good demanded varies
28. A supply curve differs from a supply schedule because a supply curve
29. As the opportunity cost of a good decreases, people buy
30. When we say demand increases, we mean that there is a
MCQ Multiple Choice Questions and Answers on Demand and Supply
Demand and Supply Trivia Questions and Answers PDF
Demand and Supply Question and Answer
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