Quiz Space

Business Data Management · Quiz 1 · 26 Feb 2023 · January 2023 term

Question 9: Which among the following variable(s), when changed, resu…

Question 9

+1 markOne or more correct options

Which among the following variable(s), when changed, results in a movement along the Supply curve? Select multiple options if applicable.

Select all that apply.

  1. A

    Price of the item

  2. B

    Income

  3. C

    Prices of related goods

  4. D

    Expectations

  5. E

    Number of buyers

  6. F

    Tastes

Show answer

Correct answer

  • A

    Price of the item

Question 9 of 10 in the IIT Madras BS Business Data Management (BDM) Quiz 1 paper sat on 26 Feb 2023, in the January 2023 term (IIT M DIPLOMA AN2 EXAM QPD2 26 Feb 2023). It carries 1 mark.

More questions from this paper

  1. Q1What economic situation is the store facing? Select all that apply.
  2. Q2Select all the statements that are TRUE
  3. Q3Given all this data, calculate the price elasticity of demand of the local baker’s bread loaf (round the answer to 2 de…
  4. Q4The local baker’s bread is:
  5. Q5Select the correct answer for Blank (1)
  6. Q6Enter the correct answer for Blank (2)
  7. Q7A product X has no substitutes. Then (theoretically), the demand curve for the product X will be:
  8. Q8When marginal utility is zero, total utility is:
  9. Q10If the current ratio is 2:1 and the Quick ratio is 1.5:1, then which of the following is/are true? (Select all that are…