Supply, Demand, & Elasticity
Interactive Video
•
Social Studies
•
12th Grade
•
Hard
Leigh Mize
FREE Resource
123 questions
Show all answers
1.
SLIDE QUESTION
30 sec • Ungraded
2.
SLIDE QUESTION
30 sec • Ungraded
3.
SLIDE QUESTION
30 sec • Ungraded
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If the price of a product/service goes up, what happens to the demand of its complement?
no connection
it goes up
it goes down
it remains the same
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the term for the money a business earns after its bills are paid?
revenue
profit
input
output
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If the price of a product/service goes up, what happens to the demand of its substitute?
no connection
it goes up
it goes down
it remains the same
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following does not apply to demand?
ability to pay
desire of product or service
amount of product or service supplied
willingness to buy at a specific price point
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