Question : Which of the following are the causes of a fall in demand?
(a) Fall in Income
(b) Fall in Number of Buyers
(c) Fall in Taste of Consumer

Option 1: A only

Option 2: B only

Option 3: A and B only

Option 4: All of the above

Question : When a good's demand is less elastic,
a) Price change as a percentage of demand as a percentage of price change
b) Change in the amount demanded as a percentage of price change
c) Price change by percentage equals demand by percentage changed
d) Demand is more steeply curved.

Option 1: A and B only

Option 2: B and C only 

Option 3: A and D only

Option 4: All of the above

Question : EXCEPT for the one, the following are the causes of a shift in demand:
A: Change in income
B: Change in price
C: Change in prices of substitutes
D: Change in fashion
 

Option 1: B only

Option 2: B and C only 

Option 3: A, B, and C only

Option 4: A, B, C, and D 

Question : What demonstrates the causal link between quantity demand and its driving factors?
A: Government Policies 
B: Taste and Preferences 
C: Price of Related Goods

Option 1: A only

Option 2:  B only 

Option 3: B and C only

Option 4: A, B, and C 

Question : “Change in demand” occurs due to the change in:

Option 1: Prices of related goods

Option 2:  Taste and preference

Option 3: Change in population

Option 4: All of the above