
D11 QUIZ ECONOMICS
Authored by DANIEL FLUCKEY
Social Studies
12th Grade
Used 10+ times

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5 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
What happens to price as goods are less scarce?
prices rise
prices lower
prices equalize
profit
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Which is something produced by producers?
goods and services
demand
prices
None of the above.
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Who is someone that acquires goods and services?
student
seller
producer
consumer
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
This is where demand meets supply.
quantity demanded
quantity supplied
equilibrium quantity
equilibrium price
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Which is more than what is needed or used?
black market
shortage
surplus
None of the above.
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