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ECON 528 Module 3 Quiz | Questions and Answers with Complete Solution | 100% Correct

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Institution University Of Louisiana At Lafayette
Course ECON 528
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ECON 528 Module 3 Quiz | Questions and Answers with Complete Solution | 100% Correct

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  Joe Pellerito 




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Dashboard / My courses / ECON528-850-202520 / Module 3 / Module 3: Quiz



Started on Monday, September 16, 2024, 7:51 AM
State Finished
Completed on Monday, September 16, 2024, 7:56 AM
Time taken 5 mins 37 secs
Grade 9.00 out of 10.00 (90%)

Question 1 Incorrect 0.00 points out of 1.00


If the price of music downloads was to decrease, then

Select one:
a. the demand for MP3 players would increase.
b. the quantity demanded of MP3 players would decrease. 
c. the supply of MP3 players would increase.
d. the demand for MP3 players would decrease.

Your answer is incorrect.
The correct answer is: the demand for MP3 players would increase.

, Question 2 Correct 1.00 points out of 1.00  Back to Top

A change in all of the following variables will change the market demand for a product except


Select one:
a. population and demographics.
b. the price of the product. 
c. income.
d. tastes.

Your answer is correct.
The correct answer is: the price of the product.

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