
Law of Supply
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12th Grade - University
CCSS covered
Used 2+ times

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35 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The Law of Supply states:
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What factors influence production decisions the most?
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Production costs that do not change as the level of output changes:
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Production costs that do change as the level of output changes:
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The sum of fixed and variable costs:
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Supply means that a seller is ______________and _____________ to sell a good.
7.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Does this supply schedule follow the law of supply?
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