Comprehension Questions - The Demand Curve

1. If the price of sandwiches increases

a. People will buy more sandwiches.
b. People will sell fewer sandwiches.
c. People will buy fewer sandwiches.
d. The number of sandwiches bought and sold will not change.

2. If the price of bikes decreases

a. The quantity demanded will increase.
b. The quantity demanded will decrease.
c. The quantity demanded will not change.

3. Looking at the graph above, how many apples will people want to buy if the price is
$1.70? 0

4. Looking at the graph above, how many apples will people want to buy if the price is
$1.00? 20

5. Looking at the graph above, how many apples will people want to buy if the price is
$0.10? 40

6. True or False: The demand curve is upward-sloping because as the price increases,
people will stop buying the product for low value uses.
7. Graph the demand for jeans by plotting the following points.

Price Quantity
Demanded
$20 250
$60 150
$80 100

80

60

20

100 150 250