
Supply and Demand Review
Authored by Dustin Williamson
Social Studies
12th Grade
24 Questions
Used 14+ times

AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
When quantity demanded and quantity supplied meet on a graph, what has been reached?
Supply and Demand
Shortage
Equilibrium
Change in Demand
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following is not a Factor that Impacts Supply?
Change quality/availability of natural resource
Government Regulation
Change in number of suppliers
Change in producer Spending Habits
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The popular brand Champion put out an ad with a celebrity that isn't favored by many people. As a result, the demand for their clothes have decreased. What will happen to the price and quantity sold of their clothes?
Price Decrease Quantity Sold Decrease
Price Increase Quantity Sold Increase
Price Increase Quantity Sold Decrease
Price Decrease Quantity Sold Increase
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
When the Government sets a maximum price for a product, that is known as a what?
Equilibrium
Price Floor
Price Ceiling
Demand
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
There has been an increase in the number of Gen Zs that can legally drive. What factor that impacts demand is this?
Change in Consumer Taste
Change in Population
Change in Consumer Income
Change in availability of substitute Good
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Around ASU, many students ride their bike to get around campus. There has been a recent ban on bikes on campus. What will happen to the demand for longboards now?
Demand will increase
Demand will decrease
Demand won't change
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
There has been an outbreak of mad cow disease in dairy farms. Because of this, many people are eating fish instead of beef. What will happen to the price and quantity sold for fish?
Price Increase Quantity Sold Decrease
Price Decrease Quantity Sold Increase
Price Increase Quantity Sold Increases
Price Decreases Quantity Sold Decreases
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?
Similar Resources on Wayground
20 questions
Quiz on HRM Legal Part 2t
Quiz
•
12th Grade
20 questions
Midterm Review Part 2
Quiz
•
11th - 12th Grade
20 questions
Free Enterprise, Supply and Demand, and Price
Quiz
•
12th Grade
20 questions
Economist Who?
Quiz
•
9th - 12th Grade
20 questions
Social Cognition and Influence
Quiz
•
9th - 12th Grade
20 questions
น.2 ระบบเศรษฐกิจ ม.ปลาย
Quiz
•
9th - 12th Grade
20 questions
Ch. 5 What is the Economic Problem Quiz
Quiz
•
12th Grade
20 questions
Understanding Harlem
Quiz
•
8th Grade - University
Popular Resources on Wayground
5 questions
This is not a...winter edition (Drawing game)
Quiz
•
1st - 5th Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
10 questions
Identify Iconic Christmas Movie Scenes
Interactive video
•
6th - 10th Grade
20 questions
Christmas Trivia
Quiz
•
6th - 8th Grade
18 questions
Kids Christmas Trivia
Quiz
•
KG - 5th Grade
11 questions
How well do you know your Christmas Characters?
Lesson
•
3rd Grade
14 questions
Christmas Trivia
Quiz
•
5th Grade
20 questions
How the Grinch Stole Christmas
Quiz
•
5th Grade
Discover more resources for Social Studies
21 questions
WH/WGI Common Assessment #9 Review Quiz
Quiz
•
9th - 12th Grade
40 questions
US Gov Semester Exam
Quiz
•
12th Grade
25 questions
Christmas Movies!
Quiz
•
5th Grade - University
60 questions
Logos and Slogan Quiz
Quiz
•
10th Grade - University
40 questions
EOCA Review
Quiz
•
12th Grade
46 questions
Final Exam Review
Quiz
•
9th - 12th Grade