Supply and Demand

Supply and Demand

9th - 12th Grade

•

33 Qs

quiz-placeholder

Similar activities

World War I: Causes and Changing Warefare

World War I: Causes and Changing Warefare

9th - 12th Grade

•

28 Qs

Supply, Demand, and Equilibrium

Supply, Demand, and Equilibrium

9th - 12th Grade

•

28 Qs

Ang Implasyon [Review Part 1]

Ang Implasyon [Review Part 1]

9th Grade

•

30 Qs

U3 Sensation and Perception Review

U3 Sensation and Perception Review

11th - 12th Grade

•

30 Qs

WHX Chapter 3

WHX Chapter 3

10th Grade

•

33 Qs

KONDISI ALAM NEGARA JEPANG

KONDISI ALAM NEGARA JEPANG

9th Grade

•

30 Qs

G8 Units 4 and 5 review

G8 Units 4 and 5 review

9th - 12th Grade

•

30 Qs

The Judiciary - Test Review

The Judiciary - Test Review

9th - 12th Grade

•

28 Qs

Supply and Demand

Supply and Demand

Assessment

Quiz

•

Social Studies

•

9th - 12th Grade

•

Practice Problem

•

Medium

Created by

Barbara MacFarlane

Used 87+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

33 questions

Show all answers

1.

DROPDOWN QUESTION

30 sec • 1 pt

The regulating force in the marketplace is (a)   .

acceptability
credit
competition
depreciation

2.

DROPDOWN QUESTION

30 sec • 1 pt

When more firms produce the same product, it means that (a)   of that product is produced at a higher quality.

more
less
half
some

3.

DROPDOWN QUESTION

30 sec • 1 pt

In a free market economy, the (a)   does not interfere in the pricing.

seller
competition
government
consumer

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

As the price of goods or services increases, the quantity demanded decreases, and as the price decreases, the quantity demanded increases.

The Law of Demand

The Law of Supply

Marginal Costs

Equilibrium

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

As the price of goods increases, the quantity supplied goes up, and as the price decreases, the quantity supplied goes down

The Law of Demand

The Law of Supply

Marginal Costs

Equilibrium

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the price of fresh orange juice rises, consumers might switch to cheaper alternatives, such as frozen juice from concentrate. This is an example of ______.

the substitution effect

the income effect

the money supply

a monopoly

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A table showing quantities of goods that would be supplied by one producer at different prices is ________

a supply schedule

a supply curve

price ceiling

productivity

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?