Changes in supply

Changes in supply

9th - 12th Grade

16 Qs

quiz-placeholder

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Changes in supply

Changes in supply

Assessment

Quiz

Business, Social Studies, Other

9th - 12th Grade

Practice Problem

Hard

Created by

Naomi Chapman

Used 172+ times

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16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Costs of production rise

Supply falls

Supply rises

Quantity supplied rises

Quantity supplied falls

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Costs of production fall

Supply falls

Supply rises

Quantity supplied rises

Quantity supplied falls

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

New technology introduced

Supply falls

Supply rises

Quantity supplied rises

Quantity supplied falls

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

An increase in the price of related goods

Supply falls

Supply rises

Quantity supplied rises

Quantity supplied falls

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

A decrease in the price of related goods

Supply falls

Supply rises

Quantity supplied rises

Quantity supplied falls

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Technology fails

Supply falls

Supply rises

Quantity supplied rises

Quantity supplied falls

7.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

When technology fails, which two things happen?

increase in costs of production

decrease in costs of production

fall in revenue

a decrease in supply

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