# Practice test after 3 paragraphs_ENG

Qd=-0,5P+10 Qs=4,5P-30
What is going on in this situation at
a price of 14? And what will happen?
1 / 20
Slide 1: Open vraag
EconomieMiddelbare schoolhavo, vwoLeerjaar 3

In deze les zitten 20 slides, met interactieve quizzen.

Lesduur is: 30 min

## Onderdelen in deze les

Qd=-0,5P+10 Qs=4,5P-30
What is going on in this situation at
a price of 14? And what will happen?

#### Slide 1 -Open vraag

How do you calculate the Net Profit?
A
Sales - Total costs
B
Turnover - Total costs
C
Turnover - gross profit
D
Turnover - gross profit - Fixed costed

#### Slide 2 -Quizvraag

How do you calculate the turnover?
A
Sales - sales price per product
B
Profit x sales
C
Sales x sales price per product
D
Total costs - profit

#### Slide 3 -Quizvraag

Turnover = €110
Cost price = €30,-
Profit=....
A
€140,-
B
€80,- loss
C
€80,- profit
D
30x110 = €3.300,-

#### Slide 4 -Quizvraag

Qd=-0,2P+500 Qs=0,5P-200
Calculate the equilibrium price and equilibrium quantity

#### Slide 5 -Open vraag

The cost price is €110,-. The profit €15,--
What is the sales price?
A
€125,-
B
€134,-
C
€135,-
D
€85,-

#### Slide 6 -Quizvraag

Q =p-100
A
This is a demand line
B
This is a supply line
C
This is a budget line
D
I have no clue

#### Slide 7 -Quizvraag

Firma Janssen plc. sels 500 electric bikes per year. A consumer pays €1.000,- for every bike.
A
The turnover is 500.000
B
The sales are 500 bikes
C
Turnover is €50.000,-
D
Sales are €1.000,-

#### Slide 8 -Quizvraag

Qd=-0,5P+10 Qs=4,5P-30
Calculate the equilibrium price and equilibrium quantity

#### Slide 9 -Open vraag

Q =-0,5p+200
A
This is a demand line
B
This is a supply line
C
This is a budget line
D
I have no clue

#### Slide 10 -Quizvraag

In Januari 50 dresses are being sold for a consumer price of €250 each
A
The sales are 50 dresses
B
The turnover is 12.500 pieces
C
The sales is € 250,-
D
The turnover is € 12.500,-

#### Slide 11 -Quizvraag

Purchasing price bag of pepernoten: €4,- (variable)
Sales price bag of pepernoten: €20,-
Sales: 20 bags
Other fixed costs: €250,-
Pofit?
A
€50,-
B
€70,-
C
€150,-
D
€400,-

#### Slide 12 -Quizvraag

If the demand of a product increases...
A
The demand line shifts to the right
B
The demand line shifts to the left
C
The demand line shifts up
D
The demand line shifts down

#### Slide 13 -Quizvraag

The shift of a demand line to the left could be caused by:
A
a higher purchasing power of the people
B
a price change
C
a decrease in amount of inhabitants
D
the disappearance of competition

#### Slide 14 -Quizvraag

Given is the demand line:
Qd = –15p + 55. Given is the price of € 2,50.

What is the quantity demanded?
A
82,5
B
18
C
92,5
D
17,5

#### Slide 15 -Quizvraag

Given is the demand line of a product:
Qv = –15p + 525. Given is a quantity of products of 300

What is the price?
A
€15,-
B
15
C
€55,-
D
55

#### Slide 16 -Quizvraag

Why does the demand line always go down?
A
The higher the price the higher the demand
B
The higher the price the lower the demand
C
Because the supply line goes up
D
Because there always is an equilibrium

#### Slide 17 -Quizvraag

The demand line of a product shifts parallel to the left. Two possible reasons for this shift are: 1. a decrease in the price of the product.
2. a decrease in the price of a substitute good.
Which of the reason(s) is/are true?

A
Both reasons
B
Only reason 1
C
Only reason 2
D
None of the reasons given

#### Slide 18 -Quizvraag

If more and more harvests fails, the supply line shifts parallel to the ...
A
Right
B
Left

#### Slide 19 -Quizvraag

I Because of an increase in petrol prices the supply line of expensive cars will shift to the left.
II Because of a snowy winter the demand line for energy will shift to the right.
A
Both statements are correct
B
Both statements are incorrect
C
Statement I is correct and Statement II is incorrect.
D
Statement I is incorrect and Statement II is correct.