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IB Multiple Choice - Demand

Economics: IB Diploma, topic 1.1.7

Test yourself on IB Multiple Choice - Demand

  • Which of these would NOT cause a shift in demand?

  • Which of these is NOT a factor that would cause an outward shift in the demand curve?

  • Which of these is NOT a factor that would cause an inward shift in the demand curve?

  • What does this definition describe?

    "Any good for which demand increases when income increases, i.e. with a positive income elasticity of demand."

  • What does this definition describe?

    "Any good for which demand decreases when income increases, i.e. with a positive income elasticity of demand."

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