2023 Supply & Demand Practice
Quiz
•
Social Studies
•
10th Grade - University
•
Practice Problem
•
Medium
Laura Olson
Used 439+ times
FREE Resource
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17 questions
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1.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Due to the special 100th year anniversary of York High School, people will be attending York Homecoming in record numbers. Market: dresses in Elmhurst
Demand Increase
Demand Decrease
Supply Increase
Supply Decrease
2.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Levis will pay its workers $1.50 more per hour. Market: jeans
Demand Increase
Demand Decrease
Supply Increase
Supply Decrease
3.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Price of ground beef skyrockets. Market: Hamburger buns
Demand Increase
Demand Decrease
Supply Increase
Supply Decrease
4.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
High levels of mercury found in canned tuna. Market: canned tuna
Demand Increase
Demand Decrease
Supply increase
Supply Decrease
5.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Price of BMW's drops. Market: Mercedes
Demand Increase
Demand Decrease
Supply Increase
Supply Decrease
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
People return to Houston, one year after Hurricane Irma. Market: apartments in Houston
Demand Increase
Demand Decrease
Supply Increase
Supply Decrease
7.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Fisherman return to their fishing boats one year after Hurricane Maria. Market: striped bass
Demand Increase
Demand Decrease
Supply Increase
Supply Decrease
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