Supply and Demand

Supply and Demand

9th - 12th Grade

20 Qs

quiz-placeholder

Similar activities

Catering Quiz 1

Catering Quiz 1

1st - 10th Grade

15 Qs

Legal/Ethics Pt 1

Legal/Ethics Pt 1

9th - 12th Grade

20 Qs

Coop9rev4th

Coop9rev4th

9th - 12th Grade

20 Qs

Ultimate office trivia quiz

Ultimate office trivia quiz

KG - Professional Development

25 Qs

Personal Relationships

Personal Relationships

11th Grade

15 Qs

Y9 Flex 20/9/2022

Y9 Flex 20/9/2022

9th Grade

20 Qs

IUCEE QUIZ EVENT

IUCEE QUIZ EVENT

KG - University

15 Qs

HEALTH - GRADE 10 - Monthly Test

HEALTH - GRADE 10 - Monthly Test

9th - 10th Grade

15 Qs

Supply and Demand

Supply and Demand

Assessment

Quiz

Other

9th - 12th Grade

Hard

Created by

Ami Frazier

Used 10+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

The elasticity on a item such as gas is:

Very elastic
Not inelastic
Very responsive
Inelastic

2.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

The following is a factor that will not cause the demand curve to shift:

Advertising
Population
Price
Consumer expectations

3.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Which of the following best describes the Law of Demand?

As price goes down, demand goes down. (and vice versa).
As price goes down, demand goes up (and vice versa).
As demand goes down, supply goes up.
As demand goes up, price becomes elastic.

4.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

A change in quantity demanded is shown

at various points on the demand curve
with a new demand curve drawn above or below the original demand curve
with a vertical line

5.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

A change in demand is shown

along the demand curve
with a new demand curve above or below the original demand curve
without a demand graph
with a totally vertical line

6.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Consuming more of one good because of a change in price of another good is known as the 

income effect
substitution effect
elasticity effect
demand effect

7.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

A table that lists the quantity of a good that a single person will buy at each price in a market.

demand schedule
market demand schedule
elasticity chart
supply and demand graph

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?