Supply and Demand

Supply and Demand

9th - 12th Grade

35 Qs

quiz-placeholder

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Supply and Demand

Supply and Demand

Assessment

Quiz

Social Studies

9th - 12th Grade

Medium

CCSS
HSF-LE.A.1B

Standards-aligned

Created by

Ben Fratrik

Used 18+ times

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35 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Amazon Prime is selling Smencils.  There are only a few packs left and they are very popular.  What will happen to the price?

The price will go up.
The price will go down.

Tags

CCSS.HSF-LE.A.1B

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What does this curve represent?

demand
supply
equilibrium
shortage

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Farmers in California have had wonderful weather. They have produced the largest crop of watermelons in years. What will happen to the price of watermelons?

The price will go up.
The price will go down.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What does this curve represent?

supply
equilibrium
demand
surplus

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

The week before Halloween, pumpkin patches all around the country sell lots of pumpkins. What will happen to the price of pumpkins on the day after Halloween?

The price will go up.
The price will go down.

Tags

CCSS.HSF-LE.A.1B

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which of the following is NOT a determinant of the supply of peanut butter?

The price of peanuts 
The wages of peanut butter factory workers 
The income of peanut butter consumers
Existing peanut butter making technology

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which of the following will cause an increase in demand for snowboards?

More costly production methods 
A decrease in the price of lift tickets at resorts in Colorado 
A decrease in consumer income   
A decrease in the population 

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