Academia.edu is a platform for academics to share research papers. All Rights Reserved | Copyright | Terms of Use & Privacy Policy Choose the one alternative that best completes the statement or answers the question on the accompanying scantron. Developed by, Microeconomics Objective Questions and Answer. Find out more! Show Filters. Home > Quizzes > AP Microeconomics Quizzes > AP Microeconomics : Supply Quiz. MCQ quiz on Microeconomics multiple choice questions and answers on Microeconomics MCQ questions on Microeconomics objectives questions with answer test pdf for interview preparations, freshers jobs and competitive exams. Normally a demand curve will have the shape: If quantity demanded is completely unresponsive to changes in price, demand is: Other things equal, if a good has more substitutes, its price elasticity of demand is: Price of a product falls by 10% and its demand rises by 30%. 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