Supply And Demand

Supply And Demand

10th Grade

14 Qs

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Supply And Demand

Supply And Demand

Assessment

Quiz

Social Studies

10th Grade

Medium

Created by

Damyah George

Used 32+ times

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14 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 12 pts

Media Image

What does this curve represent?

demand
supply
equilibrium
shortage

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

What does this curve represent?

supply
equilibrium
demand
surplus

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

In a market graph, which axis is labeled with "Price"?

Y-axis (vertical)

X-axis (horizontal)

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

In a market graph, which axis is labeled with "Quantity"?

Y-axis (vertical)

X-axis (horizontal)

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

A year ago, there were 12 companies that made motorized scooters. But over the past month, 5 of those companies went out of business. What probably happened to the overall supply of motorized scooters?

The supply probably went up.

The supply probably went down.

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

A drought has made this year's tomato harvest smaller than usual. What will probably happen to the overall supply of tomato sauce?

The supply will probably go up

The supply will probably go down

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Weather forecasters predict this summer will be much hotter than usual. What will probably happen to the demand for air conditioners?

The demand will probably go up

The demand will probably go down

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