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Supply and Demand

Authored by Cupcake 31

Social Studies

4th - 6th Grade

CCSS covered

Used 8+ times

Supply and Demand
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This part of the market determines DEMAND

buyers
sellers
suppliers
store owners

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This part of the market determines SUPPLY

buyers
sellers
consumers
us

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

For the law of supply, as price rises, what happens to quantity supplied?

it goes up
it goes down
it stays the same
it is not effected

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When quantity supplied and quantity demanded is equal

surplus
shortage
equilibrium
law of demand

Tags

CCSS.HSF-IF.C.7A

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If a price is above equilibrium price, it creates a...

shortage
surplus
market price
demand

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If a price is below the equilibrium price it creates a...

shortage
surplus 
market price 
supply

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What does this curve represent?

demand
supply
equilibrium
shortage

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