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ScotlandEconomicsQuick questions

Economics of the Market

Quick questions on Demand: the demand curve, shifts and determinants - SQA National 5 Economics

3short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.

What is q1?
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State the law of demand. [2 marks]
What is q2?
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A new advertising campaign makes a drink fashionable. State whether this is a movement or a shift, and in which direction. [2 marks]
What is q3?
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Define a complement and give an example. [2 marks]

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