Supply and Demand
Authored by Tamarra James
Business
9th - 12th Grade
CCSS covered
Used 2K+ times
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12 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In general, if the price of a good or service goes down, what happens to the demand for that good or service?
demand goes up
demand stays the same
demand goes down
none of the above
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
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
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a person or company that makes, grows, or supplies goods to sell is called the?
damand
price
producer
shortage
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In general, if the price of a good or service goes up, what happens to the demand for that good or service?
demand goes up
demand stays the same
demand goes down
none of the above
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
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
45 sec • 1 pt
Millions of people see a famous sports star drinking apple juice on television. The fans think apple juice helps make the athlete strong. What will happen to the price of apple juice?
The price will go up.
The price will go down.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount of goods or services available is called?
supply
demand
producer
consumer
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