Supply and Demand Checkpoint

Supply and Demand Checkpoint

8th Grade

10 Qs

quiz-placeholder

Similar activities

Supply and Demand Checkpoint Quiz

Supply and Demand Checkpoint Quiz

Supply and Demand

Supply and Demand

Supply and Demand Vocab Quiz

Supply and Demand Vocab Quiz

Supply, demand, scarcity

Supply, demand, scarcity

Economic Unit 3B Vocabulary Quiz

Economic Unit 3B Vocabulary Quiz

Mini Society Vocab.

Mini Society Vocab.

Supply and Demand Checkpoint

Supply and Demand Checkpoint

Assessment

Quiz

History

8th Grade

Practice Problem

Medium

Created by

Danielle Kuni

Used 493+ times

FREE Resource

AI

Enhance your content in a minute

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

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The amount of a good producers are willing to sell at each possible price is called

opportunity cost

supply

scarcity

demand

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The law of supply says that as prices go _______________, producers will make ______________ or their product.

up ..... less

down ..... more

up ..... more

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

Take a look at the graph below. Label the curves by filling in the blanks. The supply curve is __________________ and the demand curve is _________________.

red ..... blue

blue .... red

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

Which scenario below could cause a change in the quantity supplied to go from point C to point D on the supply curve?

The demand decreased

The price decreased

The price increased

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The amount of a good consumers are willing to pay at each possible price is called..

supply

opportunity cost

equilibrium price

demand

6.

MULTIPLE SELECT QUESTION

1 min • 1 pt

The law of demand says that as prices go ________________, consumers buy _______________ of that product.

down .... less

down .... more

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The amount of money exchanged for a good or service is called the ...

supply

demand

opportunity cost

price

Create a free account and access millions of resources

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?