1. Demand Practice EOCT Questions

2. 1. Which statement describes the law of demand?
A      As prices rise, quantity demanded decreases.
B       As prices rise, demand decreases.
C      As prices fall, quantity demanded decreases.
D      As prices fall, demand decreases.

3. 2. Which headline supports what has happened in the graph?
A      “Producers reducing supply of orange juice”
B       “Study shows orange juice causes disease”
C      “Number of orange juice drinkers increases greatly”
D      “Government imposes heavy tax on orange juice”