Economics Unit 2 online Test

What is a Complement?


What is an inferior good?


What is a franchise?


What is Collusion?


Demand refers to the action of sellers


A demand curve will shift to the left when demand increases for anything other than price


A demand curve is a graphic representation of a demand schedule


Elasticity of supply measures the way consumers react to a change in price


Why won't a chicken farmer supply any more eggs to the stores even after the price he gets for eggs has tripled?


What may be the response to the government intervening in price?


A price ceiling will usually create a..













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Yet again, just another test I'm making up to study from. Mainly for high school students, but you can try it. It's whatever. uuuuuuuuhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh

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Economics

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Economics Unit 1
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