Wset level 4 - Samenvattingen, Aantekeningen en Examens

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WSET Level 1 Practice Quiz Questions And Answers 2023 Which wine is an example of a full-bodied wine? 1) Pinot grigio 2) Cabernet Sauvignon 3) Cotes du Rhone 4) Sancerre Cabernet Sauvignon Which is true of Port? 1) Always sweet and high in alcohol 2) Always dry and high in alcohol 3) Can be dry, medium or sweet 4) It is like Sherry only made in Portugal It is always sweet and high in alcohol Which grape is white? 1) Chardonnay 2) Riesling 3) Pinot Gris 4) All of the above All of ...

Describe what happens when relative supply and demand change - ANSWER - When supply exceeds demand: price falls, consumer have greater choice of cheaper alternatives. Producers lower price to remain competitive. Fall in prices lead to increased demand in the long run - When demand exceeds supply: price increase, consumers willing to pay higher for some wines; others simply switch to another wine or a different alcoholic drink The general factors affecting demand for wine - ANSWER - Social ...