Unit 3 review

Flashcard
•
Social Studies
•
6th Grade
•
Hard
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37 questions
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1.
FLASHCARD QUESTION
Front
Why are there no basketball tickets available for the Cavs game? Options: The arena forgot to print enough tickets., The supply of tickets was greater than the demand., The arena charged too much money for each ticket., The demand for tickets was greater than the supply.
Back
The demand for tickets was greater than the supply.
2.
FLASHCARD QUESTION
Front
The desire or willingness a consumer has to purchase a good or a service is called?
Back
demand
3.
FLASHCARD QUESTION
Front
The amount of goods or services available is called?
Back
supply
4.
FLASHCARD QUESTION
Front
An individual or group who purchases goods.
Back
consumer
5.
FLASHCARD QUESTION
Front
Weather forecasters predict this summer will be much hotter than usual. What will probably happen to the demand for air conditioners?
Back
The demand will probably go up
6.
FLASHCARD QUESTION
Front
What will happen to the price of baby cribs if there is a large increase in the number of babies born?
Back
The price will increase
7.
FLASHCARD QUESTION
Front
What will happen to the price of soccer balls if more and more boys and girls are learning to play soccer?
Back
The price will increase
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