Demand & Law of Demand

Demand & Law of Demand

9th - 12th Grade

15 Qs

quiz-placeholder

Similar activities

CSmith Economics Unit 5: Credit

CSmith Economics Unit 5: Credit

12th Grade

20 Qs

Brain Lateralisation

Brain Lateralisation

9th Grade

10 Qs

Jackson's Policies & Conlficts

Jackson's Policies & Conlficts

8th - 11th Grade

17 Qs

Regional Powers

Regional Powers

7th Grade - Professional Development

10 Qs

Unit 4: American Imperialism and WWI

Unit 4: American Imperialism and WWI

9th - 12th Grade

20 Qs

AP MACROECONOMICS UNIT 1

AP MACROECONOMICS UNIT 1

11th - 12th Grade

20 Qs

Independence Movement Quiz (World)

Independence Movement Quiz (World)

10th Grade

10 Qs

20 Ways to Combat Impostor Syndrome

20 Ways to Combat Impostor Syndrome

10th Grade - Professional Development

20 Qs

Demand & Law of Demand

Demand & Law of Demand

Assessment

Quiz

Social Studies

9th - 12th Grade

Practice Problem

Hard

Created by

Kristen Bibb

Used 2K+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The desire to have some good or service and the ability to pay for it

supply

equilibrium

demand

quantity demanded

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these best describes the law of demand?

if prices go up, quantity demanded will fall and if prices go down, quantity demanded will go up

if prices go up, quantity demanded will also go up and if prices go down, quantity demanded will also go down

there is no law of demand, each situation is unique and demand and prices cannot be predicted

prices will go up for certain goods when quantity demanded goes up and vice versa

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A change in the price of a good causes people to buy more or less of an item. This best describes the concept of

the demand curve

change in quantity demanded

change in demand

elasticity

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The quantity demanded of a good or service changes at all price levels best describes the concept of

change in quantity demanded

elasticity

change in demand

demand curve

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these shows a decrease in the quantity demanded?

Media Image
Media Image
Media Image
Media Image

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these shows an increase in the quantity demanded?

Media Image
Media Image
Media Image
Media Image

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

The diagram represents a

increase in demand
decrease in demand

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?