Demand and supply test rev
12th Grade
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Demand and supply test rev
Quiz
•
Other
•
12th Grade
•
Medium
Mary Currey
Used 58+ times
FREE Resource
14 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does this graph represent?
Supply curve
demand curve
surplus
shortage
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does p1 represent?
Supply
Demand
Shortage
surplus
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does P1 represent
supply
demand
shortage
surplus
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the intersection represent
Surplus
shortage
equilibrium
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the graph represent
elastic demand
inelastic demand
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the graph represent
elastic demand
inelastic demand
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the graph represent
supply curve
demand curve
shortage
Surplus
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