4/7/23, 8:05 AM Assessment 4: Attempt review
Started on Friday, 7 April 2023, 12:14 AM
State Finished
Completed on Friday, 7 April 2023, 8:04 AM
Time taken 7 hours 49 mins
Marks 17.50/21.00
Grade 83.33 out of 100.00
Question 1
Complete
Mark 1.00 out of 1.00
I confirm
that this assessment will be my own individual work;
that I will not communicate with anyone else in any way during the completion of this assessment;
that I will not cheat in any way in completing and submitting this assessment.
I confirm.
I do not confirm.
Question 2
Complete
Mark 1.00 out of 1.00
The behavior of buyers is represented by
a market.
supply.
competition.
demand.
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,4/7/23, 8:05 AM Assessment 4: Attempt review
Question 3
Complete
Mark 1.00 out of 1.00
The movement from point A to point B on the graph is caused by
an increase in price.
a decrease in the price of a substitute good.
an increase in income.
a decrease in price.
Question 4
Complete
Mark 1.00 out of 1.00
The quantities of the good buyers are willing and able to purchase is called the
quantity supplied.
quantity demanded.
demand.
supply.
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, 4/7/23, 8:05 AM Assessment 4: Attempt review
Question 5
Complete
Mark 0.00 out of 1.00
A higher price for batteries would result in a
decrease in the demand for torches.
decrease in the demand for batteries.
increase in the demand for torches.
increase in the demand for batteries.
This question deals with shifts of versus movements along curves. The easiest way to deal with the distinction between the two is to remember
that if there is a change in price (and only if there is a change in price), we have a change in quantity demanded. A change in quantity demanded
is shown by a movement along the demand curve. If any of the other determinants of demand change (income, taste, fashion …) there is a
change in demand, which is illustrated by a shift of the demand curve. A higher price for batteries will result in a decrease in the quantity
demanded of batteries, the demand for torches (a complement) will decrease.
Question 6
Complete
Mark 1.00 out of 1.00
The movement from point A to point B on the graph shows
an increase in quantity demanded.
a decrease in quantity demanded.
an increase in demand.
a decrease in demand.
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=9042774&cmid=604691 3/10
Started on Friday, 7 April 2023, 12:14 AM
State Finished
Completed on Friday, 7 April 2023, 8:04 AM
Time taken 7 hours 49 mins
Marks 17.50/21.00
Grade 83.33 out of 100.00
Question 1
Complete
Mark 1.00 out of 1.00
I confirm
that this assessment will be my own individual work;
that I will not communicate with anyone else in any way during the completion of this assessment;
that I will not cheat in any way in completing and submitting this assessment.
I confirm.
I do not confirm.
Question 2
Complete
Mark 1.00 out of 1.00
The behavior of buyers is represented by
a market.
supply.
competition.
demand.
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=9042774&cmid=604691 1/10
,4/7/23, 8:05 AM Assessment 4: Attempt review
Question 3
Complete
Mark 1.00 out of 1.00
The movement from point A to point B on the graph is caused by
an increase in price.
a decrease in the price of a substitute good.
an increase in income.
a decrease in price.
Question 4
Complete
Mark 1.00 out of 1.00
The quantities of the good buyers are willing and able to purchase is called the
quantity supplied.
quantity demanded.
demand.
supply.
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=9042774&cmid=604691 2/10
, 4/7/23, 8:05 AM Assessment 4: Attempt review
Question 5
Complete
Mark 0.00 out of 1.00
A higher price for batteries would result in a
decrease in the demand for torches.
decrease in the demand for batteries.
increase in the demand for torches.
increase in the demand for batteries.
This question deals with shifts of versus movements along curves. The easiest way to deal with the distinction between the two is to remember
that if there is a change in price (and only if there is a change in price), we have a change in quantity demanded. A change in quantity demanded
is shown by a movement along the demand curve. If any of the other determinants of demand change (income, taste, fashion …) there is a
change in demand, which is illustrated by a shift of the demand curve. A higher price for batteries will result in a decrease in the quantity
demanded of batteries, the demand for torches (a complement) will decrease.
Question 6
Complete
Mark 1.00 out of 1.00
The movement from point A to point B on the graph shows
an increase in quantity demanded.
a decrease in quantity demanded.
an increase in demand.
a decrease in demand.
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=9042774&cmid=604691 3/10
