
Unit 3 Test Review
Quiz
•
Social Studies
•
12th Grade
•
Medium
Kaycee O'Donnell
Used 4+ times
FREE Resource
Enhance your content in a minute
16 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
__________ the lowest legal price that can be paid for a good or service
Price Ceiling
Price Floor
Shortage
Surplus
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What happens when the quantity supplied is greater than the quantity demanded?
Shortage
Ceiling
Floor
Surplus
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
___________ is the maximum legal price that can be charged for a product.
Price Ceiling
Price Floor
Shortage
Surplus
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What happens when Supply = Demand?
Shortage
Equilibrium
Surplus
Price Floor
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
__________ is when the Q Demanded is greater than the Q supplied.
Surplus
Floor
Celining
Shortage
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is not an advantage of prices?
Allocate goods easily
High Cost of Administration
They Favor No One
Flexible
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is an uncompensated side effect that either benefits or harms an uninvolved third party?
Internality
Effortality
Involvality
Externality
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?
Similar Resources on Wayground
18 questions
Economic Decision Making
Quiz
•
12th Grade
20 questions
SDG - No Poverty
Quiz
•
9th Grade - University
20 questions
Free Enterprise, Supply and Demand, and Price
Quiz
•
12th Grade
20 questions
Philippine Politics and Governance
Quiz
•
12th Grade
15 questions
Rise of Dictators & Economic Depression
Quiz
•
9th - 12th Grade
15 questions
TAGISAN NG TALINO GRADE 12
Quiz
•
12th Grade
15 questions
Market structures
Quiz
•
9th - 12th Grade
20 questions
Ch. 5 What is the Economic Problem Quiz
Quiz
•
12th Grade
Popular Resources on Wayground
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
22 questions
fractions
Quiz
•
3rd Grade
20 questions
Main Idea and Details
Quiz
•
5th Grade
20 questions
Context Clues
Quiz
•
6th Grade
15 questions
Equivalent Fractions
Quiz
•
4th Grade
20 questions
Figurative Language Review
Quiz
•
6th Grade
Discover more resources for Social Studies
26 questions
APUSH Period 6 Review
Quiz
•
12th Grade
20 questions
WG Vocabulary List 21 2025
Quiz
•
9th - 12th Grade
73 questions
AP Psychology - Developmental Psychology
Quiz
•
10th - 12th Grade
15 questions
American and French Revolutions
Quiz
•
9th - 12th Grade
20 questions
Napoleon and European History Quiz
Quiz
•
9th - 12th Grade
15 questions
PFLE: Unit 2 Review
Quiz
•
12th Grade
16 questions
Unit 4 Industrial Revolution
Quiz
•
12th Grade
11 questions
Supremacy Clause 5d
Lesson
•
9th - 12th Grade
