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Online quiz games have become increasingly popular in recent years, captivating players of all ages and providing a fun and interactive way to test knowledge and challenge the mind...Terms in this set (12) group of firms that produce similar products or provide similar services. each firm in a perfect competitive market. monopoly granted by the government. result when a single firm can fill the demand for a good more efficiently than if there were multiple firms. large number of independent buys and sellers. Economics Quiz 11 (Ch.8 pp 136-140) CCA Mrs. Stewart. Teacher 8 terms. susanstewart228. ... ABEKA ECONOMICS Quiz 12. 8 terms. kevinlauren. Preview. ABEKA ECONOMICS ... demand schedule. True/False: A good whose demand is directly related to consumer's incomes is called a normal good. true. What type of good is capable of being used in place of another? substitute good. True/False: When the price of a good decreases, the quantity demanded decreases. false. 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