2023 Supply & Demand Practice

2023 Supply & Demand Practice

10th Grade - University

17 Qs

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2023 Supply & Demand Practice

2023 Supply & Demand Practice

Assessment

Quiz

Social Studies

10th Grade - University

Practice Problem

Medium

Created by

Laura Olson

Used 439+ times

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17 questions

Show all answers

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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