Year 10 Economics - Markets, Demand, Supply
Business
10th Grade
CCSS covered
Used 21+ times
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31 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A group of buyer and sellers of a particular good or service
Supply
Demand
Agency
Market
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This part of the market determines DEMAND
buyers
sellers
suppliers
store owners
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This part of the market determines SUPPLY
buyers
sellers
consumers
us
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If a price is above equilibrium price, it creates a...
shortage
surplus
market price
demand
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If a price is below the equilibrium price it creates a...
shortage
surplus
market price
supply
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does this curve represent?
demand
supply
equilibrium
shortage
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does this curve represent?
supply
equilibrium
demand
surplus
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