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Supply and Demand Quiz

Authored by Wanetta JHS]

Social Studies

1st - 5th Grade

Used 66+ times

Supply and Demand Quiz
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5 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

Supply is

Something that people make or grow

Work that people do for other people

How much a good or service is available

How much of a good or service people want to buy

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

What is demand?

Things that people make or grow

Work that people do for others people

How Much of a good or service is available

How much of a good or service people want to buy

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

When would you say the supply of skateboards is high?

When there are not many skateboards available to buy

When there are a lot of skateboards available to buy

When a lot of consumers want to buy

When not many consumers want to buy skateboards

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

When would you say the demand for burritos is low?

When there are not many burritos available to buy

When there are a lot of burritos available to buy

When a lot of consumers want to buy burritos

When not many consumers want to buy burritos

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

When the supply of a good is low, and the demand is high, what usually happens to the price of the good?

It goes up

It goes down

It doesn’t change

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