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Supply and demand shifts test

A 12-question test on what shifts demand or supply, how that differs from movement along a curve, and how equilibrium price and quantity change after one or two shifts. Mixed question types. For 12th grade economics.

By Edform · Economics and personal finance · Grade 12 · Published Nov 3, 2026 · New

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Questions

  1. Which event would shift the demand curve for pizza to the right?
  2. The price of a good falls. Which statement describes the effect on the demand side of the market?
  3. Demand for a good increases while supply decreases at the same time. What is certain about the new equilibrium?
  4. A fall in the price of printers shifts the demand curve for ink cartridges to the right.
  5. An improvement in production technology shifts the supply curve to the left.
  6. Which events would shift the supply curve for wheat to the right?
  7. Which factors shift the demand curve for a good?
  8. What term describes a good for which demand rises when consumer income rises?
  9. What term describes goods that are used together, such as printers and ink cartridges?
  10. The demand for a product is Qd = 120 - 10P and the supply is Qs = 20P - 60 (P in dollars, Q in units). Demand then increases by 30 units at every price, so Qd = 150 - 10P, and supply is unchanged. What is the new equilibrium price in dollars?

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