41.Jan heads to the store to buy burgers for dinner. Seeing a sale on hot dogs, she buys those instead. The change in her demand for burgers is due to which factor?
A. Preferences
B. Income
C. Prices of related goods
D. Number of buyers
42.Junie is shopping for dinner. She picks up a package of hot dogs on sale, instead of the burgers she was intending to buy. She then heads over to buy a package of hot dog buns. Junie’s change in the demand for hot dog buns is due to:
A. a change in the price of related goods.
B. a change in Junie’s income.
C. a change in Junie’s preferences.
D. a change in Junie’s expectation of future prices.
43.An increase in the price of butter is likely to cause:
A. the demand for margarine to increase.
B. the demand for margarine to stay the same.
C. the demand for butter to increase.
D. the demand for butter to stay the same.
44.An increase in the price of Heinz ketchup is likely to cause:
A. an increase in the demand for Hunt’s catsup, due to a change in preferences.
B. an increase in the demand for Hunt’s catsup, due to a change in the price of a substitute good.
C. a decrease in the demand for Hunt’s catsup, due to a change in preferences.
D. an increase in the demand for Hunt’s catsup, due to a change in the price of a complementary good.
45.A decrease in the price of ice cream is likely to cause:
A. an increase in the demand for ice cream cones due to a change in the price of a complementary good.
B. an increase in the demand for ice cream cones due to a change in the price of a substitute good.
C. an increase in the demand for ice cream cones due to a change in the preferences of consumers.
D. a decrease in the demand for ice cream cones due to a change in the price of a related good.
46.A decrease in the price of spaghetti is likely to cause:
A. an increase in the demand for penne pasta due to a change in the price of a complementary good.
B. an increase in the demand for penne pasta due to a change in the price of a substitute good.
C. a decrease in the demand for penne pasta due to a change in the price of a complementary good.
D. a decrease in the demand for penne pasta due to a change in the price of a substitute good.
47.A decrease in the price of spaghetti is likely to cause:
A. a movement along the demand curve.
B. an inward shift of the demand curve.
C. an outward shift of the demand curve.
D. a rotation of the demand curve around the price-point change.
48.An increase in the price of ice cream is likely to cause:
A. a movement along the demand curve.
B. an inward shift of the demand curve.
C. an outward shift of the demand curve.
D. a rotation of the demand curve around the price-point change.
49.An increase in the price of Nike sneakers will likely cause:
A. a movement along the demand curve for Nike sneakers.
B. an inward shift of the demand curve for Adidas sneakers.
C. an outward shift of the demand curve for Nike sneakers.
D. a rotation of the demand curve for Nike sneakers around the price-point change.
50.Demand for Shell gasoline will increase if:
A. an article stating that Shell refused to clean up a recent oil spill is released.
B. the price of BP gasoline increases.
C. the price of BP gasoline decreases.
D. the price of Shell gasoline decreases.
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