Search Header Logo

Supply & Demand

Social Studies

12th Grade

Used 29+ times

Supply & Demand
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

21 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Thousands of people leave a small town due to a factory closing down.  Sales at the local grocery store become slow. What causes this change?

Prices or availability of substitutes
Prices or availability of complementary goods
Change in the weather or season
Change in the number of buyers

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The market equilibrium price is the price at which

surpluses depress the number of goods supplied
shortages and surpluses will have no effect on the market
the government will not intervene in the market
the quantity demanded is the same as the quantity supplied

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What is the Equilibrium Price?

1
2
3
4

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Goods that are bought and used together are 

complementary goods
substitute goods
income goods
unrelated goods

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

The diagram represents a(n)

increase in supply
decrease in supply
change in quantity supplied
none of the above

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

The diagram represents a

increase in demand
decrease in demand
change in quantity demand
none of the above

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Assume the image is showing the market for apples.  Which of the headlines could indicate the pictured shift is occurring in the market?

Pesticides on apples linked to mouth cancer.
Storms destroy apple orchards.
An apple a day really does keep the doctor away.
New genetic strain leads to apple trees that produce twice as many apples.

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?