Demand Elasticity

Demand Elasticity

10th - 12th Grade

12 Qs

quiz-placeholder

Similar activities

El hombre en la Luna

El hombre en la Luna

1st - 10th Grade

10 Qs

Post World War II Assessment Review

Post World War II Assessment Review

8th - 12th Grade

14 Qs

Black History Month

Black History Month

9th - 12th Grade

12 Qs

Fundamental Rights Bharat #12

Fundamental Rights Bharat #12

7th - 12th Grade

17 Qs

Bionic

Bionic

3rd Grade - University

11 Qs

Andrew Jackson

Andrew Jackson

KG - University

14 Qs

DOL 4- Indus Valley

DOL 4- Indus Valley

10th Grade

10 Qs

EOC Today in the USA

EOC Today in the USA

11th Grade

15 Qs

Demand Elasticity

Demand Elasticity

Assessment

Quiz

History

10th - 12th Grade

Practice Problem

Medium

Created by

Blank Borden

Used 881+ times

FREE Resource

AI

Enhance your content in a minute

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

12 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Water has seen an increase in demand 8% this summer, while the price has decreased 12%

1.5 inelastic

1.5 elastic

.67 inelastic

.67 elastic

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Wheat has seen a decrease in demand of 5%, while the price has increased 7%

1.4 inelastic

1.4 elastic

.71 inelastic

.71 elastic

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Oil has seen a decrease in demand of 9%, while the price has increased 13%

1.44 inelastic

1.44 elastic

.69 inelastic

.69 elastic

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Ford Trucks have seen a increase in demand of 27%, while the price has decreased 15%

.56 inelastic

.56 elastic

1.8 inelastic

1.8 elastic

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Prada has seen a increase in demand of 70%, while the price has decreased 35%

.5 inelastic

.5 elastic

2 inelastic

2 elastic

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Red Wing Shoes has seen a decrease in demand of 40%, while the price has increased 20%

.5 inelastic

.5 elastic

2 inelastic

2 elastic

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Electricity has seen a decrease in demand of 14%, while the price has increased 18%

1.3 inelastic

1.3 elastic

.78 inelastic

.78 elastic

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?