1
Income rises and gym memberships is a normal good. What happens to demand for gym memberships?
Score: 0 / 10Pick an answer —
Higher income increases demand for normal goods.
English • basic-concepts
Economics Basic Concepts – Quiz Set 3
Last updated on 2026-02-07
Three 10-question bundles from our Economics Basic Concepts quiz library.
Table of contents
Bundle 1
Economics – Set 1
Bundle ID: 1200000006
2
The price of a close substitute for gym memberships rises. What happens to demand for gym memberships?
Score: 0 / 10Pick an answer —
When substitutes become costlier, demand for the other good rises.
3
A key input cost for gym memberships increases. What happens to supply of gym memberships?
Score: 0 / 10Pick an answer —
Higher input costs reduce supply.
4
Income rises and textbooks is a normal good. What happens to demand for textbooks?
Score: 0 / 10Pick an answer —
Higher income increases demand for normal goods.
5
The price of a close substitute for textbooks rises. What happens to demand for textbooks?
Score: 0 / 10Pick an answer —
When substitutes become costlier, demand for the other good rises.
6
A key input cost for textbooks increases. What happens to supply of textbooks?
Score: 0 / 10Pick an answer —
Higher input costs reduce supply.
7
Income rises and laptops is a normal good. What happens to demand for laptops?
Score: 0 / 10Pick an answer —
Higher income increases demand for normal goods.
8
The price of a close substitute for laptops rises. What happens to demand for laptops?
Score: 0 / 10Pick an answer —
When substitutes become costlier, demand for the other good rises.
9
A key input cost for laptops increases. What happens to supply of laptops?
Score: 0 / 10Pick an answer —
Higher input costs reduce supply.
10
Income rises and fresh fruit is a normal good. What happens to demand for fresh fruit?
Score: 0 / 10Pick an answer —
Higher income increases demand for normal goods.
Bundle 2
Economics – Set 2
Bundle ID: 1200000007
1
The price of a close substitute for fresh fruit rises. What happens to demand for fresh fruit?
Score: 0 / 10Pick an answer —
When substitutes become costlier, demand for the other good rises.
2
A key input cost for fresh fruit increases. What happens to supply of fresh fruit?
Score: 0 / 10Pick an answer —
Higher input costs reduce supply.
3
Income rises and furniture is a normal good. What happens to demand for furniture?
Score: 0 / 10Pick an answer —
Higher income increases demand for normal goods.
4
The price of a close substitute for furniture rises. What happens to demand for furniture?
Score: 0 / 10Pick an answer —
When substitutes become costlier, demand for the other good rises.
5
A key input cost for furniture increases. What happens to supply of furniture?
Score: 0 / 10Pick an answer —
Higher input costs reduce supply.
6
Income rises and bicycles is a normal good. What happens to demand for bicycles?
Score: 0 / 10Pick an answer —
Higher income increases demand for normal goods.
7
The price of a close substitute for bicycles rises. What happens to demand for bicycles?
Score: 0 / 10Pick an answer —
When substitutes become costlier, demand for the other good rises.
8
A key input cost for bicycles increases. What happens to supply of bicycles?
Score: 0 / 10Pick an answer —
Higher input costs reduce supply.
9
Income rises and streaming subscriptions is a normal good. What happens to demand for streaming subscriptions?
Score: 0 / 10Pick an answer —
Higher income increases demand for normal goods.
10
The price of a close substitute for streaming subscriptions rises. What happens to demand for streaming subscriptions?
Score: 0 / 10Pick an answer —
When substitutes become costlier, demand for the other good rises.
Bundle 3
Economics – Set 3
Bundle ID: 1200000008
1
A key input cost for streaming subscriptions increases. What happens to supply of streaming subscriptions?
Score: 0 / 10Pick an answer —
Higher input costs reduce supply.
2
Income rises and shoes is a normal good. What happens to demand for shoes?
Score: 0 / 10Pick an answer —
Higher income increases demand for normal goods.
3
The price of a close substitute for shoes rises. What happens to demand for shoes?
Score: 0 / 10Pick an answer —
When substitutes become costlier, demand for the other good rises.
4
A key input cost for shoes increases. What happens to supply of shoes?
Score: 0 / 10Pick an answer —
Higher input costs reduce supply.
5
Income rises and tea is a normal good. What happens to demand for tea?
Score: 0 / 10Pick an answer —
Higher income increases demand for normal goods.
6
The price of a close substitute for tea rises. What happens to demand for tea?
Score: 0 / 10Pick an answer —
When substitutes become costlier, demand for the other good rises.
7
A key input cost for tea increases. What happens to supply of tea?
Score: 0 / 10Pick an answer —
Higher input costs reduce supply.
8
Income rises and notebooks is a normal good. What happens to demand for notebooks?
Score: 0 / 10Pick an answer —
Higher income increases demand for normal goods.
9
The price of a close substitute for notebooks rises. What happens to demand for notebooks?
Score: 0 / 10Pick an answer —
When substitutes become costlier, demand for the other good rises.
10
A key input cost for notebooks increases. What happens to supply of notebooks?
Score: 0 / 10Pick an answer —
Higher input costs reduce supply.
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