Demand And Supply Questions and Answers

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1 answer

The figure below shows a shift in supply. State four possible causes that might have led to such a situation

asked Aug 25, 2021 in Business Studies Form 3 by anony mous

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1 answer

Identify four factors that affect both demand and supply of a commodity

asked Aug 24, 2021 in Business Studies Form 3 by anonymous

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1 answer

The diagram below shows the equilibrium price and quantity of commodity A which is produced jointly with commodity B.

asked Aug 12, 2021 in Business Studies Form 3 by anony mous

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The diagram below shows a shift of the demand of a given commodity from d0d0 to d1d1. Outline any four factors that could have led to the shift

asked Aug 12, 2021 in Business Studies Form 3 by anony mous

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The demand for oranges doubled even if the price of the oranges remained the same over the same period. State four factors that may account for this.

asked Aug 3, 2021 in Business Studies Form 3 by anonymous

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Give three other methods that may be used in determining the price other than through the forces of demand and supply.

asked Jul 27, 2021 in Business Studies Form 3 by anony mous

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The diagram below represents a shift on the supply curve.

asked Jul 27, 2021 in Business Studies Form 3 by anony mous

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Give four factors that may affect the demand of a commodity.

asked Jul 27, 2021 in Business Studies Form 3 by anony mous

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1 answer

Give the 2 types of goods which may NOT be affected by the law of demand.

asked Jul 27, 2021 in Business Studies Form 3 by anony mous

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2 answers

Explain the term demand

asked Jul 27, 2021 in Business Studies Form 3 by anony mous

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1 answer

By use of a diagram show the effect of a shift of the demand curve from the left to right on equilibrium price and quality.

asked Jul 19, 2021 in Business Studies Form 3 by anonymous

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With an aid of a diagram, show what happens to the equilibrium price and quantity when demand increases and quantity supplied remains constant.

asked Jul 16, 2021 in Business Studies Form 3 by anonymous

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2 answers

State the absolute law of supply and demand

asked Jun 28, 2021 in Business Studies Form 3 by Delae

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State four factors that may lead to a shift in demand as shown in the diagram below.

asked Jun 24, 2021 in Business Studies Form 3 by anonymous

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